The near-term trend of Nifty continues to be positive. Having placed at the crucial overhead resistance around 19,550-19,600 levels, there is a possibility of some more consolidation or minor weakness in the short term before showing any decisive upside breakout of the resistance. Further weakness from here could find support around 19,300-19,250 levels, said Nagaraj Shetti of HDFC Securities.
Asian stocks, bonds climb as trade-truce rally holds
Shares in South Korea and Australia climbed early Friday, while Japan’s were mixed. US futures inched higher after the S&P 500 rose 0.4% Thursday. Canada’s
May 16, 2025