Nifty Extends Rally as Crude Falls Below $100

Nifty Extends Rally as Crude Falls Below $100

The Nifty 50 rose 0.63 percent on November 4, its fifth straight winning session, and is up about 4 percent this week. Falling crude oil prices below $100 a barrel and the US midterm election outcome have lifted sentiment. Analysts see resistance at 24,200–24,400, then 24,800, with support at 23,600–23,700.

Source: Moneycontrol

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