Nifty’s near-term outlook is cautiously positive. Improving technical signals, a stronger rupee, and renewed foreign investor buying are supporting the market. While resistance at 26,000 is a key level, a breakout could lead to further gains. Traders can consider buying Nifty around the current price with a stop loss below 25,700 for potential upside.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation