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Sensex likely to find support at 71,000-71,200, Nifty may target 22,800: Analysts - India Tribune
India Tribune - Chicago 4 hrs ago·4 Oct 2026, 1:51 pm
Analysts tracking the Indian equity market say the benchmark Sensex is likely to find technical support around the 71,000‑71,200 level, while the Nifty 50 could aim for about 22,800. The view is based on recent price action, moving‑average trends and the way the indices have bounced off similar zones in the past.
If the indices hold above those support points, it could curb further downside and give investors confidence that a broader correction is ending. Conversely, a break below may open the door to more volatility, making the 22,800 target a key level to watch for a potential rally.
Investors should keep an eye on upcoming macro data such as inflation, GDP growth and RBI policy cues, as well as the earnings reports of major companies and global market movements that often influence domestic sentiment.
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