The short-term trend of the Nifty remains negative. A decisive close above 19,500 levels could possibly open an upside bounce towards 19,650 levels in the near term. Inability to sustain the upside bounce or a decline below 19,330 is likely to trigger fresh weakness for the market ahead, said Nagaraj Shetti of HDFC Securities.
Tariff shock turns FIIs to sellers in April. Analysts flag global risk but back India’s fundamentals
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to
April 5, 2025