Economy
Nifty Snaps Four-Session Losing Streak to Close 0.60% Higher
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THE BRIEF
1
The Nifty 50 ended 0.60% higher at 22,555.75 on Monday, October 5, breaking a four-session losing streak amid falling crude prices and softer US jobs data.
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Market experts including Vishnu Kant Upadhyay and Hitesh Tailor recommended short-term buys on select stocks like Azad Engineering, Kirloskar Oil Engines, and Aditya Infotech.
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Analysts advised a sell-on-rise approach as the broader technical structure remains weak below key moving averages, with support expected around 22,400.