Dalal Street Week Ahead: Nifty stuck in consolidation zone; 23,800 remains key breakout hurdle
- Posted on May 30, 2026
- By Business News Today
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- 1 min read
Dalal Street Week Ahead: Nifty stuck in consolidation zone; 23,800 remains key breakout hurdle
Markets experienced volatility and ended the week with a modest loss, primarily due to MSCI rebalancing flows. Nifty consolidated within a range, with immediate resistance at 23,800 and support at 23,300-23,400. Traders are advised to maintain a selective approach and protect gains.