Entering the August expiry week, Nifty faces a supply zone at 25,000–25,200, with potential consolidation above 24,800. Bank Nifty appears weaker, needing to surpass 55,500 to avoid further decline. Auto stocks, particularly Hero MotoCorp, Bajaj Auto, and Maruti, show promise amid positive sector trends. Cipla and Maruti are recommended buys, targeting 1,650 and 14,800–15,000 respectively.
Markets look past conflict as investors bet on long-term growth: Ed Yardeni
Global equity markets are navigating uncertainty, with investor sentiment suggesting the worst of the sell-off may be over. Market participants are increasingly focused on long-term