Amar Ambani of YES Securities expects Nifty to settle between 22,200 and 23,000, with value buying from domestic investors and FII inflows likely to follow. The market has been under pressure due to strong US economic data, ongoing FPI selling, geopolitical tensions, and weak earnings. The US Federal Reserve’s stance on delaying rate cuts further […]
U.S. stock futures indicate a mixed open as markets attempt to rebound from last week’s sell-off. Dow futures are down 0.1%, while S&P 500 and Nasdaq futures are up 0.1% and 0.3%, respectively. Nvidia shares fell 2.5% on reports of overheating issues with its new chips ahead of earnings, while Tesla rose 6% after news […]
Given the current market conditions, which include a correction phase, weak earnings, sustained foreign fund outflows, and rising inflation, the outlook for the near term appears cautious. With the Sensex and Nifty down over 2.5% for the week and about 10% from their recent peaks, it’s advisable to exercise caution. Investors should avoid aggressive buying […]