Nifty, Bank Nifty face pressure; Rajesh Palviya warns IT may weaken further

Rajesh Palviya of Axis Securities sees Nifty and Bank Nifty under pressure, with key levels likely to dictate moves. He expects IT stocks to remain weak and advises selective trades in Ashok Leyland and Biocon.

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Why India’s steel demand is defying global weakness

India’s steel prices are rising despite weak global markets, supported by infrastructure spending, manufacturing growth and higher input costs. While Chinese oversupply pressures international prices,