Hugh Johnson Economics suggests the market will be volatile and trendless, mirroring the 2018-2019 trade war. Proposed tariffs on Canada and Brazil could impact global supply chains, with inflation numbers reflecting tariff effects. Slowing US consumption and global economic growth, particularly in China, may pressure oil prices, making equity market gains challenging in the near term.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to