Indian equity market is seeing caution as Nifty has slipped below 25,000. Market participants are watching support levels. Nifty may head towards 24,800. Bank Nifty is hovering around 55,000. Tata Motors is under selling pressure. MCX is showing strength. Market watchers advise monitoring key levels for further downside pressure. A long-short approach is suggested for investors.
Global Market Today: Asian stocks waver as oil gains fuel inflation, rate concerns
Government bonds in Japan, Australia and New Zealand retreated, following declines in Treasuries during the New York session. Weak demand at a $70 billion sale