Dalal Street Weak Ahead: Nifty stands on firmer footing, but can it break past 23,450?
The Indian equity markets staged a strong recovery during the week, reversing part of their recent losses and ending on a positive note. The Nifty began the week on a relatively subdued footing but witnessed buying interest at lower levels, helping the Index recover and close above the psychologically important 23,000 mark. The trading range remained relatively wide, with the Nifty oscillating in a 730.75-point range. Volatility eased considerably; the India VIX declined by 9.25% to 15.30, refl…



