D-Street likely to raise more toasts to US deal
Indian stock markets are set for a positive start on Monday. This follows the announcement of a broad India-US trade deal over the weekend. Positive global cues, including a strong Wall Street performance, are also supporting the market. Sectors expected to benefit from the deal may see investor interest.
Goldman traders warn stock selling isn’t over
US stocks face renewed selling pressure this week from algorithmic funds, according to Goldman Sachs. These trend-following strategies are expected to remain net sellers, potentially triggering billions in outflows. Investor sentiment remains high, with markets nearing “max fear” despite a recent S&P 500 rebound.
Nifty likely to stay firm, 26,000–26,300 key hurdle: Analysts
Nifty is expected to maintain a positive bias, with 25,800 as a key level and resistance around 26,000–26,300. Support is seen at 25,200–25,450, with market action driven by stock- and sector-specific moves. Analysts suggest a moderately bullish Bull Call Spread strategy for February 10 weekly expiry.
Seafood stocks dip amid margin pressure and competition
Seafood stocks saw a dip after a rally, despite a positive medium-term outlook from the India-US trade deal expected to boost marine exports. Investors remain cautious due to near-term margin pressures and intense competition. The deal’s success hinges on ongoing negotiations and the US tariff stance for other exporters, crucial as the US is India’s […]