Indian equity markets could remain range-bound in Tuesday's session as the Nifty faces a crucial resistance zone around 23,520-23,550 amid persistent geopolitical uncertainty and elevated energy prices. This comes as GIFT Nifty rises 0.34% to 23,519.50 after Brent crude fell below $100. According to Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities, the 23,520-23,550 zone is likely to act as an important resistance area for the Nifty in the near term. "A sustained move above 23,550 could extend the ongoing pullback rally towards the 23,700 mark in the short term," Shah said. On the downside, the 23,330-23,300 zone is expected to provide crucial support. Shah said a breach below 23,300 could weaken the near-term structure and potentially result in the index resuming its corrective trend. Market participants are also keeping a close watch on crude oil prices and geopolitical developments, which could influence the sustainability of the recent re...
The Indian women's team scripted a fine comeback to script a 3-2 win over Singapore in their Group F match of the table tennis event at the Asian Games here on Sunday. India were staring at defeat after trailing 1-2 before Sreeja Akula and Yashaswini Ghorpade secured crucial wins to clinch the tie. Opening the proceedings, Ghorpade defeated Jian Zeng 11-7, 11-3, 8-11, 11-9. But Sreeja Akula suffered a narrow 8-11, 11-4, 9-11, 11-4, 6-11 loss to Loy Ming in the second match. Diya Chitale too went down 7-11, 4-11, 11-7, 5-11 against Tan Zhao to concede a 1-2 lead to Singapore. Returning for a must-win match against Zeng Jian, Sreeja shrugged off the earlier loss to register a 6-11 11-3, 11-7, 11-4 win to level the tie at 2-2. In the decider, Ghorpade beat Loy Ming 5-11, 11-8, 12-10, 4-11, 11-9 to notch up a memorable win for India. Earlier, India's men's and women's teams began their campaigns with identical 3-0 wins over Indonesia in their respective Group F openers Th...