The Nifty closed below 25,000, signaling potential short-term weakness, with support around 24,500 and resistance in the 25,200-25,500 range. Pharma stocks are expected to continue their upward trend, while the Nifty Defence index shows bearish signals. Investors might consider accumulating specific stocks like Capri Global Capital and NLC India.
Exporters seek removal of cap on interest subvention
Indian exporters are calling on the government to lift the cap on interest subvention. They state current support is insufficient to counter rising global trade