neutral
Nifty sustains upward pattern as domestic buyers offset global uncertainty
Nifty maintained its upward structure today, supported by consistent domestic buying even as global sentiment weakened due to fading expectations of imminent rate cuts. Market participants observed steady accumulation in banking, IT and select auto stocks, helping the index preserve positive momentum. Analysts stated that short-term technical indicators remain favourable, although global macroeconomic headwinds may influence intraday volatility. Broader participation from domestic institutions and retail flows contributed to index resilience.
The pattern suggests a cautiously constructive outlook provided foreign selling does not intensify further in coming sessions.
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neutral
Nifty sustains upward pattern as domestic buyers offset global uncertainty
Nifty maintained its upward structure today, supported by consistent domestic buying even as global sentiment weakened due to fading expectations of imminent rate cuts. Market participants observed steady accumulation in banking, IT and select auto stocks, helping the index preserve positive momentum. Analysts stated that short-term technical indicators remain favourable, although global macroeconomic headwinds may influence intraday volatility. Broader participation from domestic institutions and retail flows contributed to index resilience.
The pattern suggests a cautiously constructive outlook provided foreign selling does not intensify further in coming sessions.
Explore:Mutual Fund Screening
1 min read
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Nifty sustained its upward trend today amid domestic buying interest, even as weaker global cues and slower rate-cut expectations affected overall sentiment.
Nifty maintained its upward structure today, supported by consistent domestic buying even as global sentiment weakened due to fading expectations of imminent rate cuts. Market participants observed steady accumulation in banking, IT and select auto stocks, helping the index preserve positive momentum. Analysts stated that short-term technical indicators remain favourable, although global macroeconomic headwinds may influence intraday volatility. Broader participation from domestic institutions and retail flows contributed to index resilience.
The pattern suggests a cautiously constructive outlook provided foreign selling does not intensify further in coming sessions.
Nifty maintained its upward structure today, supported by consistent domestic buying even as global sentiment weakened due to fading expectations of imminent rate cuts. Market participants observed steady accumulation in banking, IT and select auto stocks, helping the index preserve positive momentum. Analysts stated that short-term technical indicators remain favourable, although global macroeconomic headwinds may influence intraday volatility. Broader participation from domestic institutions and retail flows contributed to index resilience.
The pattern suggests a cautiously constructive outlook provided foreign selling does not intensify further in coming sessions.
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Nifty
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domestic flows