
On November 21, the Nifty index opened lower, hitting a four-month low intraday before falling further to a five-month low, declining by 100 points. Despite this downturn, the Nifty Midcap index managed to recover approximately 600 points from its day's low, trading around flat levels. On November 22, the Nifty opened above the 23,400 mark, maintaining a range consistent with the previous session. The Nifty Bank index opened near the previous session's high, and by mid-morning, the Nifty had risen above 23,500, with 47 out of 50 constituents in the green, largely driven by ICICI Bank's performance. Additionally, Goldman Sachs upgraded Info Edge from 'sell' to 'buy', citing easing headwinds and a better-than-expected outlook on growth and earnings. Following this upgrade, Info Edge's stock rose nearly 5%, supported by positive brokerage sentiment and a breakout from downward resistance, marking its third consecutive week of advances.
#MarketAlert | Nifty above 23,500 mark; ICICI Bank contribute the most in Nifty's up-move Alert: 47 out of 50 constituents of the Nifty 50 index are in green #StockMarket https://t.co/b0bjvQWTni
#MarketAlert | Info Edge: ▶️Breakout from 'Downward sloping resistance' trendline ▶️Surpasses above 50-DMA level ▶️Advances for 3rd consecutive week #StockMarket https://t.co/Xj3WggXT74
#CNBCTV18Market | Info Edge up nearly 5% on positive brokerage note https://t.co/OwfhASLkDD










