Nifty eyes long-term buy signal, SpiceJet fleet shrinks to 12 aircraft, and Delhi AQI crosses 400 – CNBC TV18

Market drivers The Nifty could extend its rally to 26,300 in the near term, while a monthly close above 25,500 by November-end could trigger a long-term buy signal, according to CLSA’s Laurence Balanco. Meanwhile, crude oil prices fell over 3%, with Brent slipping below $96 per barrel amid hopes of progress in US-Iran peace talks. Provisional data showed FIIs were net buyers of equities worth ?7,212.22 crore, while DIIs were net sellers worth ?7,172.53 crore. Nifty close above 25,500 by November-end will trigger long-term buy signal: CLSA The Indian equity market could extend its rally to 26,300 in the near…