Nifty Bank witnessed selling pressure at higher levels and remains in a sell-on-rise mode as long as it stays below the level of 42,000. The index immediate downside support stands at 40,500 and a breach below this will open gates for further downside toward 39,000 level.
Yen, euro under pressure as Middle East conflict stokes energy concerns
The yen and euro weakened Tuesday as the escalating Middle East conflict heightened concerns over energy import costs and central bank responses to inflation. The