Nifty eyes 23,600 support after fifth weekly loss

The Nifty extended its losing streak to a fifth consecutive session, closing at 23,767, its lowest since June 12, and declined 2.3% for the week. Analysts highlight 23,600 as key support amid geopolitical tensions and elevated crude oil prices. A breach could trigger a sharper correction, while 24,000 is the immediate resistance. The earnings season may limit downside, but headwinds persist.