Currently, Bank Nifty is trading at 51,600. In some time, we could see Nifty reaching levels of 54,000 in about one month, so we maintain positive bias with stop loss of 49,000.
In the Nifty200 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on June 25, according to stockedge.com’s technical scan data.
Gold prices dipped as escalating U.S.-Iran tensions fueled oil prices, while anticipated U.S. Federal Reserve interest rate hikes added further pressure. Despite a brief missile
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