Nifty’s decisive breach of its 200-day SMA at the close of the month has intensified concerns around a potential retest of recent swing lows, signalling that the market’s medium-term support framework is under pressure, says Anand James, Chief Market Strategist at Geojit Investments.
The Emirates have been hit by Iranian strikes since Saturday in response to the joint Israeli-US attacks.
The Indian rupee is poised for a fall below 91.50 against the US dollar on Monday. Global oil prices and geopolitical tensions are driving this
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