Nifty is expected to consolidate, finding support around 24,500, with a potential upside towards 25,600 if it decisively breaks above 25,200. Technical analysts suggest that sectors like chemicals, capital goods, metals, real estate, and banking & financial services may show resilience. Stocks including HDFC Life, ICICI Bank, and Tata Chemicals are anticipated to exhibit bullish momentum for short-term trading.
Dollar set for weekly gains as yields surge, Fed bets build
The dollar has achieved consecutive weekly gains for the first time in over three months, bolstered by rising Treasury yields. Anticipations of additional rate hikes