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Nagaraj Shetti of HDFC Securities believes the short-term outlook for the Nifty is positive but with limited price movement. He suggests dips towards 25,200-25,100 could offer attractive buying opportunities. A decisive move above 25,500 might propel the Nifty toward higher targets.
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Indian market pared gains after hitting record high in intraday trade on Wednesday.The S&P BSE Sensex fell more than 100 points after hitting a high of 83,326 while Nifty50 was down by 41 points after scaling a record peak of 25,482.
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Concerns over Chinese-made electronic devices and equipment are rising globally. Recent reports highlight potential security risks from spying chips in devices, cranes at US ports, and even UK military badges. Countries like Germany, the US, and Australia are taking steps to phase out or ban Chinese technology to safeguard national security.
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News and Media
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