Indian equity markets concluded last week with a third consecutive gain, driven by improving sentiment and sustained buying. Market expert Rajesh Palviya noted a strong bullish Marubozu candle on the weekly chart, indicating robust buying action. He advised a ‘buy on decline’ strategy as Nifty holds above 24,100, with potential rallies towards 24,600–24,700 if it breaks 24,400.
Mixed geopolitical signals making market moves hard to decode: Seth R Freeman
Global equity markets, led by the US, have recovered strongly, reaching new highs despite ongoing geopolitical tensions. However, volatile oil prices, influenced by conflicting US-Iran