The Nifty 50 fell 0.4% on September 30, closing at a fresh six-month low and extending its downtrend for a third session. Rising US bond yields and a weak technical structure keep the bias bearish. Immediate support lies at 22,550–22,500; a break below could push the index toward 22,200, while holding may lift it to 22,800–23,000.
Nifty 50 Hits Six-Month Low, Key Support at 22,500
Source: Moneycontrol