Markets Today: Here's how to trade Nifty50 on December 23; key levels here

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Markets Today: Here's how to trade Nifty50 on December 23; key levels here - Business Standard

Quick Summary:

The advance declines have strongly turned to favour Bears, and it is advisable to avoid trying to catch the falling knife with anticipation of bottom-fishing.

The Nifty50 experienced a significant decline, resembling a bottomless pit, as it breached all essential support levels.

It had been a dreadful week for Indian equity markets, as the key indices fell dramatically, erasing the gains of the last four weeks.