The short-term trend of Nifty continues to be range- bound. There is a possibility of some more consolidation or minor weakness in the short term before showing upside bounce from the lows.
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and
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