HDFC Securities highlights that 14563-14256 is the resistance/support for the Nifty in the near term
HDFC Securities says that the Indian Benchmark equity indices ended lower on the back of profit booking on Jan 15 amid weak global cues. The Nifty kept falling since opening with small bounces in between and made a bottom at 1415 Hrs. A late feeble recovery ensued. At close the Nifty was down 161.90 points or 1.11% at 14,433.70. Nifty closed the week with a gain of 0.6%.
Nifty shifted into a sharp weakness on Friday and closed the day lower by 161 points. Nifty opened on a positive note, slipped into further weakness in the early mid part of the session amidst a range movement: Reuters