According to Chandan Taparia of Motilal Oswal, the Nifty needs to stay above 24,700 to keep pushing towards the 25,000 and 25,100 levels. If it drops, there’s support at 24,700 and then again at 24,550.
Tariff shock turns FIIs to sellers in April. Analysts flag global risk but back India’s fundamentals
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to