Nifty shows signs of an upside bounce, forming a double bottom pattern around 24,700 levels. A move above 25,000 could lead to 25,400-25,500 resistance levels. Analysts suggest a ‘buy on dips’ strategy as long as support at 24,690 holds.
US stocks today: S&P 500 hits record closing high on AI optimism, Micron joins $1 trillion club
US stocks closed mixed with Nasdaq and S&P 500 hitting record levels as AI-driven optimism lifted tech and chip stocks. Micron surged into the $1