Nifty ended Tuesday’s session 218 points higher, forming a Piercing Line candle. The underlying short-term trend is on the verge of reversal. A move above 24500 could trigger a fresh upmove. However, a decline below 23900-2400 could indicate further weakness. Analysts suggest a buy-on-dips strategy above 24000, with resistance at 24,500-24,800.
Stablecoins fuel liquidity, not yet money: Mike Dolan
The U.S. “Genius Act” has legitimized stablecoins, fueling debate on whether their $250B market will stabilize Treasuries or trigger systemic risks. Proponents see demand support,
August 16, 2025