Indian equities closed on a weak note on Monday, ending at 19,672, down 73 points, due to setbacks faced in the IT and FMCG sectors, high input costs, weak demand and mixed banks. Analysts predict an immediate downside support for the Nifty at 19,500-19,400. Political gridlock in Spain
Tech view: Nifty forms small-bodied indecisive candle as bulls develop cold feet at 26k. How to trade tomorrow
Domestic benchmarks are attempting to sustain new highs, driven by the US Fed’s aggressive rate cut. Meanwhile, the Chinese central bank’s rate cut, and additional