Nifty 50 Faces Potential Break Below 23,500 Zone Next Week

Market analysts at SBI Securities warn that the Nifty 50 index is likely to test support levels between 23,600 and 23,500 in the coming trading week.

Technical charts indicate a lack of sustained recovery momentum, with the index facing significant resistance at the 24,050 to 24,200 range.

Investors are advised to monitor key volatility indicators as the market struggles to find a bottom, with experts suggesting caution in the F&O segment.