Nifty is expected to consolidate this week. It will face resistance around 25,100-25,150 zone. A breakout could lead to 25,500-25,700 levels. Support is seen at 24,500-24,600. Analysts suggest accumulating quality stocks on dips. Sectors like financials and infrastructure are in focus. RBI policy and earnings season conclusion will influence market volatility. PSU banks and realty may outperform.
Amazon beats quarterly cloud growth estimates on strong AI demand; AWS revenue jumps 28%
Amazon Web Services (AWS) surpassed Wall Street’s cloud revenue expectations, driven by increased enterprise spending on AI adoption. Despite strong cloud performance and significant AI