Friday, February 28, 2025 | 02:34 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Street signs: Nifty nears resistance zone, Sebi mulls exit load, and more

Worldwide, liquid funds do not have a concept of exit loads and Sebi could be stepping on tricky terrain, especially if it prescribes a specific load amount, say experts

Street signs: Nifty nears resistance zone, Sebi mulls exit load, and more
Premium

Samie ModakAshley Coutinho
Nifty nears resistance zone

Improvement in the macro situation thanks to a drop in crude oil prices, stability in the rupee and retreat in bond yields have buoyed stock prices. The benchmark Nifty has rallied nearly six per cent this year. Even as fundamental factors remain positive, the markets are approaching a key resistance zone from a technical point of view. Experts say it would be challenging for the Nifty to breach 10,755 levels, where the 200-day moving average for the index is currently. The 50-share index on Friday ended at 10,682. Samie Modak


Sebi mulls exit load

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in