Indian markets are influenced by both global factors, like China’s economic policies and currency devaluation, and domestic concerns like subdued earnings and fiscal spending uncertainties. The upcoming budget is critical. Historically, market dips before the budget signal negative sentiment, but this could change based on government spending plans and policies.
Nifty may hit 24,060 before recovery, IT breakout imminent: Geojit’s Anand James
Despite Friday’s recovery attempt, technical charts are painting a cautious picture for Nifty in the coming week. Anand James, Chief Market Strategist at Geojit Investments
June 15, 2025