Nifty Near Key Support: Can the Markets Hold Amid Rupee Pressure?

Examining the Stock Market’s Support Levels and Economic Implications of a Weakening Rupee

Earlier, I mentioned that Nifty 50 could be headed to 22570, which is its key support area on 4-month chart. You can see that piece here. Just wanted to update you on the market as of today.

As seen below…