Market Watch : Fed seems to be in no hurry to cut rates amidst tariff uncertainty - Geojit Financial Services Ltd
Nifty Outlook
A break down was averted, which encouraged a quick bounce and positive close, with more than 50% of Nifty 50 constituents closing above the previous day’s VWAP. But with only 20% of them pushing above previous day’s high, momentum is clearly missing. A “buy on dips” approach is preferred today, but with cautious eyes on 24280, below which vulnerability is expected to set in. In the event of a sharp crack down, we expect 24050- 23930 to provide a window for Nifty to consolidate and avoid a collapse to 23670-460 region. Alternatively, direct rise past 24600 would clear path for 24770-850.
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Indian stock markets end lower as India-Pakistan tensions rattle investors
