Market Watch: Trump Tariffs to affect Trade; warns Fin Min by Geojit Financial Services Ltd

2025-07-29 09:17:09 am | Source: Geojit Financial Services Ltd

Market Watch: Trump Tariffs to affect Trade; warns Fin Min by Geojit Financial Services Ltd

News By Tags | #Sensex #MarketOutlook #Nifty #BankNifty #GeojitFinancialServicesLtd

Nifty Outlook

With 65% of Nifty 500 constituents closing within 1% vicinity of the day’s low, and 30% of them closing beyond two standard deviation from mean, broad market is probably approaching peak fear. While 24922 kept the lid on upsides, 24750-650 region absorbed multiple downside attacks on anticipated lines. We are not sure if this region will hold for another day, but favoured view expects a turn higher without stretching as far as 24450 or 24000, the major supports. Meanwhile, 24788 will act as an upside marker, with 24922-25050 as key resistances.

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Market Watch: Trump Tariffs to affect Trade; warns Fin Min by Geojit Financial Services Ltd

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