business ๐ Nifty might cross 23,600 next week, says expert
Technically, the index is trading below key moving averages, suggesting a weak overall trend. Sudeep Shah from SBI Securities highlighted the 23,050-23,000 zone as a crucial support area for Nifty 50. Bank Nifty's 57,500 is also noted as an important reference point. The outlook for both Nifty Midcap and Smallcap 100 is cautiously positive. Shah has picked two smallcaps for potential investment.