Indian equities reversed early gains on Wednesday as selling pressure in banking stocks and the broader market dragged benchmarks lower, offsetting strength in information technology shares.
The Nifty 50 declined 77.60 points, or 0.34%, to close at 22,811.35. According to Hariselvan Radhakrishnan, founder and CEO of HST Wealth, the 22,900–23,000 zone is likely to act as resistance, while 22,700 remains the immediate support for the index.
