Nifty near 25,000: Will bulls defend or bears take control?
Indian equity markets extended their corrective phase for the third consecutive session on September 23, though the index managed to defend its short-term moving averages. The Nifty index ended a volatile expiry session below 25,200. While dips may attract buying interest, resistance at 25,450 to 25,600 will be the next big hurdle for bulls, say analysts.