Sensex, Nifty outlook driven by Kospi and Taiwan cues for Friday.
Context
What happened: Indian equities fell in a broad-based sell-off on Thursday, with the Nifty and Sensex each dropping more than 1.5% as crude oil prices and global bond yields rose.
Key numbers: Nifty fell 1.71% to 22,216, its lowest level in 2026. Sensex fell 1.62% to 71,461.
Why it matters: Analysts cited weak chart structure, persistent FII selling, rising US bond yields and a depreciating INR. Vipin Kumar said the Nifty stays weak below 22,850 on a closing basis, with 21,740 as positional support. Rupak De cited support at 22,180 and resistance at 22,350.
Why it matters
Analysts cited weak chart structure, persistent FII selling, rising US bond yields and a depreciating INR. Vipin Kumar said the Nifty stays weak below 22,850 on a closing basis, with 21,740 as positional support. Rupak De cited support at 22,180 and resistance at 22,350.