Home Economy F&O Talk | How past India-Pakistan conflicts impacted Nifty, key levels to watch: Sudeep Shah explains
F&O Talk | How past India-Pakistan conflicts impacted Nifty, key levels to watch: Sudeep Shah explains
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Indian markets ended over 1% lower on Friday amid rising India-Pakistan tensions, with Nifty holding just above 24,000. Sudeep Shah of SBI Securities sees short-term consolidation ahead, with key supports at 23,800 and 23,500. He notes strength in defence and IT sectors, while Bank Nifty underperforms. FIIs turned cautious post-escalation, trimming bullish positions in index futures.
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