Market Minutes: Two big signals received for the first time- know what is going to happen next in the market:

News Topical, Digital Desk : The stock market witnessed a sharp decline on Tuesday and the Nifty closed with a decline of more than 180 points. According to market experts, profit booking was seen from the upper levels in the market today. At the same time, the index has remained in a limited range for some time. According to experts, the level of 24500 has become important for the market at lower levels. In today's trading, the Nifty slipped to the level of 24502.

Nifty has remained in a range of 500 points on a closing basis since May 12. During the session, different experts gave their opinion about the market.

According to the indications, the market may remain in a range for the time being, although double digit returns are expected from the market in 3 to 4 quarters.

What is the opinion of experts According to Sushil Kedia of Kedianomics, Nifty has been trading in a limited range since May 12. According to him, at present it has become a no trade zone from where the market can take any direction. If Nifty crosses the level of 25070, then there can be a place for 25700 in the future. On the other hand, if Nifty goes below 24500, then the decline can increase further. According to Sony Patnaik of JM Financial Services, the market can be seen trading in a range during the month of June, while profit booking is also being seen at the upper levels. At present, the market has the support of 24500 and if this level breaks, then profit booking can intensify and the market can also reach 24300 to 24000.

What are the signs of the next half? Apart from the market remaining in the range for the time being, market experts remain positive for the future. According to Naveen Kulkarni, CIO of Axis Securities, there are signs of growth this year and it is likely that Nifty can make a return of 10 percent this year. At the same time, due to the stability of the dollar, buying from FIIs may continue. According to him, the income of companies will improve on a quarter-by-quarter basis and its effect will be seen on the market. According to another report, in the coming time, FIIs can once again increase their stakes in India.