Asian markets declined, and bonds rallied as concerns over a potential U.S. recession grew. Investors anticipate the Federal Reserve will cut interest rates following weak employment data. Major indices and futures dropped significantly. Key earnings reports and economic indicators are expected this week to provide further insights into market conditions.
Tech view: Nifty forms small red candle, faces strong resistance at 100 DEMA. How to trade tomorrow
On Wednesday, Nifty formed a small red candle near the 100-Day Exponential Moving Average (DEMA), indicating strong resistance around 24,470-24,500. If the index holds above