Nvidia’s earnings were a major test for the AI-fueled rally on Wall Street that first pushed the S&P 500 above the 5,000 point mark earlier this month. Some analysts had cautioned that disappointing results could spark a steep selloff among technology stocks.
Tech View: Nifty’s weekly bullish engulfing candle signals strength; key resistance at 23,800. How to trade on Monday
Nifty formed a red candle on the daily chart on Friday, indicating weakness, but a green candle on the weekly scale confirmed last week’s bullish