Quote on Markets 29th April 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital
Below the Quote on Markets 29th April 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital
OpenAI had missed revenue and user targets. That sent most of the tech sector spiraling—one day before several of the biggest AI spenders are set to announce earnings.
Making a bad situation worse, oil prices rose today on news that the United Arab Emirates was leaving OPEC. International Brent crude prices were around $110 per barrel at close, while domestic prices were just under $100 a barrel.
Wednesday is set to deliver a Federal Reserve interest rate decision, a Senate committee vote on a new Fed chairman, and late-day earnings reports from four Mag Seven companies. midweek macro-storm
Market needs Big Tech earnings to live up to the hype. *The April market rebound needs more good news if it’s going to have room to run*
Nifty 23995.70
Continue to trade in a very narrow range - Support 23850 & Resistance 24300
Trading Buy - Eternal, Manappuram & JIOFIN !!
Medium Term Buy - MOBIKWIK, GULPOLY & NavinFluor
Above views are of the author and not of the website kindly read disclaimer
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Quote on Nifty 26th August 2025 from Rupak De, Senior Technical Analyst, LKP Securities
