More downside seems likely on the Nifty, Bank Nifty, says Ravi Nathani

According to the technical analyst, the key support for the Nifty is at 17,475, below which the NSE benchmark can slide to 17,040 and 16,660 levels.

Ravi Nathani Mumbai
NSE, national stock exchange, nifty50
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Nifty Index
Last close: 17,604.35
The Nifty 50 index has been showing signs of bearishness in recent weeks. This can be attributed to a number of factors, including the anticipation of the Union Budget, which is expected to be released this week.

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First Published: Jan 30 2023 | 7:44 AM IST

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