Perspective on Markets 29th August 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
Below the Perspective on Markets 29th August 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
“Despite essentially in-line results from the chip giant, S&P 500 rose 0.3% to cruise to its 20th closing high of the year. Dow Jones rose 0.2% to hit its second record this year. Nasdaq rose 0.5%, finishing a touch shy of its Aug. 13 high.
US Market headlines were otherwise fairly quiet, outside of the growing legal battle between Federal Reserve governor Lisa Cook and the Trump administration
Nifty 24500.90
20DMA: 24723 (Reversal Level)
Support near lower band: 24337”
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