📰 Business News

F&O Talk: Nifty may consolidate further; Sudeep Shah’s strategy on TCS, HDFC Bank, Infosys

📅 07 Jun 2026 ⏱️ 2 min read ✍️ Curated by WiseSeva · Source: economictimes.indiatimes.com

Indian stock markets, Sensex and Nifty, closed lower following the RBI’s hawkish stance, despite falling oil prices. Analyst Sudeep Shah anticipates a consolidation phase for Nifty, with key support at 23,100-23,050 and resistance at 23,550-23,600. Bank Nifty shows resilience, while IT stocks underperform.

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Key Points at a Glance

  • Originally reported by leading Indian financial media
  • Relevant for entrepreneurs, MSMEs, investors, and business professionals
  • RBI policy impacts lending rates, foreign exchange, and banking regulations

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Source & Further Reading

This news report was originally published by ET Markets on Sun, 07 Jun 2026.

📰 Read the full original story: economictimes.indiatimes.com — Full Article ↗

Editorial Note: WiseSeva curates and contextualises business and economic news from trusted Indian media sources including Economic Times, Mint, Business Standard, PIB, YourStory, and Inc42. Our editorial team reviews and adds context to help Indian entrepreneurs, farmers, MSMEs, job seekers, and households make informed decisions. The original reporting credit belongs to the source publication linked above.