Sensex Today | Stock Market LIVE Updates: The Nifty traded mostly sideways, closing slightly lower. The downside was limited to around 23,700, while the upside was capped at 23,800. Despite this, the short-term trend remains bullish as the index stays above the key moving average. In the near term, the index may target 24,050. Support is at 23,500, where maximum put writing is observed, according to Rupak De of LKP Securities.
– Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
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