Here Is A First Resistance In Nifty

The Nifty, or Nifty 50, is a benchmark stock market index representing the top 50 companies listed on the National Stock Exchange (NSE) of India. It tracks the performance of various sectors, including banking, IT, energy, and FMCG. Nifty serves as a barometer of the Indian economy and is widely used by investors to gauge market trends. The index is calculated based on free-float market capitalization. It plays a crucial role in portfolio management and derivative trading in India.