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Sneha Seth from Angel One advises traders to stay light as Nifty may correct further below the 22,000 mark. The banking index shows support around 48,000 and resistance near 50,500. Godrej Consumer Product is recommended for buy positions with a target of 1220.
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News and Media
Mihir Vora, CIO of Trust Mutual Fund, discusses a cautious but optimistic outlook on domestic stocks, with a focus on banks, large NBFCs, and domestic cyclicals. He highlights the potential positive impacts of a US-induced crisis, such as reduced interest rates and commodity prices.
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News and Media
China is imposing 34% tariffs on all U.S. goods affecting industries like aviation, semiconductors, and agriculture. Boeing, Intel, and U.S. farm equipment companies will face significant impacts. This move also includes suspensions on certain agricultural imports. These actions are part of a retaliatory measure against U.S. President Donald Trump's policies.
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News and Media
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