📊 What happened on Friday Nifty 50: closed at 23,140.50,

📊 What happened on Friday Nifty 50: closed at 23,140.50, up 77.40 points (+0.34%) Sensex: closed at 73,895.74, up 315.20 points (+0.43%) The recovery followed Thursday’s 1.6%+ fall. Crude oil eased, with Brent around $105.50, helping sentiment. Rupee strengthened modestly to around ₹95.81/$. Buying was seen particularly in banks, auto and consumer-related stocks, while IT and healthcare remained weak. The broader market remained mixed: midcaps were slightly weak while smallcaps were broadly flat. 🔥 The bigger issue: FII selling The key concern remains foreign institutional selling. FIIs had sold approximately ₹5,027 crore in the previous session, while DIIs bought around ₹4,301 crore. So Friday's move looks more like value buying/technical recovery after a sharp fall, rather than a clear change in the broader market trend. What I would watch now Nifty 23,000–23,100 is an important nearby support zone, while 23,200–23,300 becomes the immediate area