Wall Street’s momentum trade driven by tech, communications, and consumer discretionary sectors is faltering due to concerns over shrinking growth and trade uncertainties. Safe havens like health care and consumer staples are now leading the market as investors pivot defensively amidst the rising economic volatility.
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