Amidst geopolitical tensions and potential oil price surges due to US-Iran conflict, Indian markets show resilience. Nifty and Bank Nifty face key resistance levels, while IT sector interest remains strong but cautious. Financial services attract FII buying, and mid/small caps outperform, favoring fundamentally strong companies. Investors should hold winners like Swiggy and losers with support levels.
Global Market Today: Asian stocks slip on AI woes, oil extends drop
Asian stocks dipped, mirroring a global tech sell-off fueled by concerns that the AI rally has overheated. Investors are questioning sky-high valuations amid rising costs