Bubble risks grow as China bull run defies economy angst
Despite China’s economic struggles with tariffs and a property crisis, its stock market is experiencing a significant bull run, adding almost a trillion dollars in market value. This surge, driven by investors seeking alternatives, contrasts sharply with concerning economic indicators like low inflation and weak domestic demand.
Nifty has strong support near 24,700; time for buy on dips: Analysts
Nifty is expected to be volatile, finding support near 24,700. A breakout above 25,150 could lead to 25,300-25,500, while a drop below 24,800 may take it to 24,600. Analysts suggest buying on dips, focusing on banking, auto, IT, pharma, and consumer stocks, anticipating market buoyancy due to positive cues.