The domestic equity market witnessed a strong intraday recovery in today’s session, with the Nifty rebounding sharply from lower levels. Market experts believe the recent price action is increasingly pointing towards a “buy on dips” structure, supported by firm technical levels and relatively stable market breadth.
According to Dharmesh Shah from ICICI Direct, the index has consistently shown resilience around key support zones, particularly after recovering from the 23,350–23,400 levels.
