India’s benchmark indices logged their worst week in three months on Friday, amid concerns over US recession fear, dragged by banking and IT stocks. The S&P BSE Sensex closed 1.24% lower at 81.183, while the NSE Nifty50 ended below the 24,900 mark.”The short-term uptrend of Nifty seems to have reversed down and the market is expected to shift into near term downward correction ahead. Having broken below the immediate support at 25000 levels, the next lower support is placed around 24500. Immediate resistance is at 25050,” said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities. Here are 6 stock recommendations for Monday:
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest