Indian markets face continued downward pressure as technical signals suggest a bearish trend. Analysts highlight that every rise is being sold, with Nifty potentially breaking 22,450 and heading towards 22,000. Global factors and currency concerns are weighing heavily. However, select stocks like Coal India show relative strength, while Ather Energy presents a buying opportunity and BDL is flagged for shorting.
US stocks today: US stocks end lower for the day and week as chip selloff broadens
Wall Street declined as AI-driven chip stocks extended losses, triggering broader risk-off sentiment. Semiconductor shares saw sharp weekly declines, while energy stocks gained on rising