Market Watch: Budget eyed. Asia up, but tariff fears linger

2025-01-27 09:15:16 am | Source: Geojit Financial Services Ltd

Market Watch: Budget eyed. Asia up, but tariff fears linger - Geojit Financial Services Ltd

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Nifty Outlook

On Friday, about 50% of NSE 500 stocks pulled back atleast 2% from the day's high, pointing to a sharp withdrawal in risk appetite. We would require an equally dramatic push higher today to negate the emergent downtrend, that is poised for 22260-22000 now on the Nifty. The fight back on the last hour of Friday was encouraging towards this end, but we would require a push above 23211 to signal strength. Else, look for 22800-500 on the first leg.

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Market Watch: Budget eyed. Asia up, but tariff fears linger - Geojit Financial Services Ltd

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