Dalal Street Week Ahead: Nifty faces crucial test at key support zone amid rising volatility

Despite global uncertainties and geopolitical tensions, Indian equity markets showed resilience, consolidating before a slight weekly loss. The Nifty oscillated within a range, defending key support levels while volatility surged. Technical analysis suggests the 23950-24050 zone is crucial; defending it implies continued consolidation, while breaching 23900 could signal weakness. A defensive approach focusing on low beta stocks is advised.