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Dr Praveen Dwarakanath, VP at Hedged.in, noted that Nifty showed strength, rebounding from the middle of the Bollinger band after an intraday dip. The momentum indicators on the hourly chart signalled recovery, supporting a bullish close. Options data suggests a range-bound movement, with put writing at 23,300 and below, and call writing at 23,500 and above.
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Thousands of people left it to the last minute before the cut-off at the end of Friday.
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Trump tariffs: Zerodha CEO Nithin Kamath criticized Trumps "America First" tariffs, warning they may isolate the U.S. while strengthening Chinas global trade dominance. He questioned the long-term sustainability of such protectionist policies in an interconnected economy.
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News and Media
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