Anand James of Geojit Investments sees potential for Nifty to hit 25,000, though warns that a drop below 24,280 may signal weakness. He expects defence stocks to sustain gains post-pullback and suggests buying Sonata Software, Sumitomo Chemicals, and Medanta on dips. Smallcaps remain under pressure, but a minor correction could reignite buying interest.
In Asia, India secured best trade deal with US: Piyush Goyal
India has secured the best trade deal with the United States among its competitors. Commerce and Industry Minister Piyush Goyal highlighted the strong relationship between