Asian equities saw gains on Friday as resilient US labor market data lifted investor confidence. Markets in Japan, South Korea, and Australia were bolstered, and US stocks had a significant rally. Jobless claims in the US were lower than anticipated, easing recession fears and encouraging investment in riskier assets, including cryptocurrencies.
Nifty faces stiff resistance near 25,100; sector rotation is key
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across