The Indian stock market is undergoing a correction, which may continue for some time. According to Rohit Srivastava, the founder and market strategist at Indiacharts.com, the benchmark Nifty 50 could retest the levels of 24,000-23,500 on the downside.
On Thursday, June 19, the Nifty 50 traded lacklustre in the morning session after opening at 24,803 against its previous close of 24,812. Around 10:20 AM, the benchmark index was 0.10 per cent up at 24,837.
(This is a developing story. Please check back for fresh updates.)
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