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Nifty Rises 4th Day: Will it Hit 24,000 or U-Turn? Key Trading Levels to Watch
M
Moneycontrol•21-09-2026, 16:44
Nifty Rises 4th Day: Will it Hit 24,000 or U-Turn? Key Trading Levels to Watch
- •Nifty closed with modest gains for the fourth consecutive session, up 67 points, while BSE Sensex also saw an increase.
- •Indian shares edged higher due to bargain-buying, despite elevated crude prices and heightened primary market activity.
- •Realty, Pharma, and Healthcare indices rallied over 1%, while the Capital Market index was the top loser.
- •Analysts suggest 23,600 as a key resistance level for Nifty, with support around 23,200.
- •A sustained breakout above 23,600-23,700 is needed for a stronger recovery, while 23,100-23,300 acts as immediate support.
Key Questions Answered
The India Nifty 50 rose 0.29% to close at 23,414.30, while the BSE Sensex added 0.76% to finish the session at 74,858.99.
Realty, Pharma, and Healthcare indices rallied over 1% to lead the market gains, whereas the Capital Market index suffered as the top loser with a 1.34% drop.
Nifty and Sensex have experienced six straight weeks of declines, marking their longest losing streak seen in six years.
