The gradual implementation of new trade policy barriers, political uncertainty and declining investment had put the brakes on growth, but demand had held up astonishingly well, OECD said in its latest world economic outlook report.
The Nifty slipped below key support levels on Tuesday after a brief all-time high, with analysts noting a lack of midcap and smallcap participation. Global cues influenced the pullback, but the Nifty's positional trend remains bullish, with support seen between 25,970-26,050. Canara Bank is recommended long, while IndiGo Airlines is suggested for a short position.
