Indian benchmark indices extended their losing streak, with the Nifty 50 declining for the fifth consecutive session and slipping below the crucial 23,800 mark. Analysts say immediate bias in the index remains down below 24,000 and Nifty to gradually head towards 23,600 and 23,500 levels being the confluence of the trendline support joining lows of April and June 2026, bullish gap area of 15th June 2026 and 61.8% retracement of the recent up move from 23,070-24,530.
STATE OF THE MARKETS
