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Sensex Near 74,000 and Nifty Above 23,300 Key to Recovery Momentum
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- Published
- Sep 27, 2026, 12:54 PM UTC
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The market benchmark indices Sensex and Nifty settled higher on Friday after rebounding from a sharp decline in the previous session, with value buying supporting the recovery. However, they still logged their longest weekly losing streak in six years as high oil prices drove up bond yields and inf…
Sensex and Nifty recovered after Thursday's sharp sell-off, gaining 315 and 77 points respectively. Analysts, however, maintained a cautious outlook, citing key support and resistance levels and warning that a break below crucial zones could trigger further selling
Intraday, Nifty declined towards the 23,000 psychological zone, where buying interest emerged and supported a recovery attempt.