The Nifty has been experiencing losses for six weeks due to US tariffs and muted earnings. Experts predict this weakness will continue in the short term. Selling pressure may persist until a breakout around 24,600-24,800. Support lies at 24,000. Investors should consider private banking, auto, and hotel stocks on dips. Reliance, L&T, and HDFC Bank are also favored.
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses
US stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Banking