The near-term uptrend of Nifty continues to hold strong. Although Nifty is consolidating at higher levels, there is no indication of a significant reversal pattern forming at these highs. A further upward movement could push Nifty towards the 24,900 mark next week. Immediate support is positioned at 24,450 levels, according to Nagaraj Shetti of HDFC Securities.
Investors heartened by Warsh inflation talk, still uncertain about Fed action
Federal Reserve Chair Kevin Warsh made it clear that inflation control is a top priority. He suggested that to combat escalating price pressures, interest rate
August 29, 2026