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LIVE: Will fall in Adani Group shares further weaken Nifty? | SJVN and Afcons Infra in the spotlight | Opening bell

Benchmark indices Sensex and Nifty returned to negative territory after a US federal court charged Gautam Adani and 7 other group executives with paying bribes to the Indian government to secure solar power contracts. As a result, PSU banks came under pressure while IT and real estate stocks outperformed. Experts now estimate support for Nifty at 23200 and resistance at 23500. Global signals are strong this morning. Wall Street ended the night higher, signaling a positive week. Asia-Pacific markets were also higher this morning as Japanese inflation remained above the Bank of Japan’s target. Stocks in focus include Adani Group, SJVN and Afcons Infrastructure. Catch Lovisha Darad in conversation with Raja Venkatraman, Co-founder of NeoTrader and trading influencer, and Hemant Shah, Seven Islands PMS Fund Manager.