Nifty is poised for a range-bound week, facing strong support near 25,200. Analysts suggest gains may be limited around 25,650. Traders are advised to watch for a decisive breakout. Specific stock recommendations include Bajaj Finance, Dixon Technologies, Bharat Electronics, Tata Steel, Navin Fluorine, and Colgate Palmolive. Strategies focus on navigating this anticipated market movement.
Indian equities closed the week with modest gains, driven by value buying in fundamentally strong stocks. Markets are expected to remain volatile due to the upcoming monthly F&O expiry. Several companies like IDFC First Bank, Vedanta, and Bharti Airtel are in focus due to significant news developments.
Latin American stocks are experiencing their strongest investor inflow in a decade, propelling markets in Brazil, Colombia, and Mexico to multi-year highs. This surge, driven by anticipation of policy shifts and potential interest rate cuts ahead of presidential elections, has pushed the MSCI EM Latin America Index to an eleven-year peak.
India’s benchmark indices ended higher on Friday, with Nifty rising 116.90 points to 25,571.25 and Sensex up 316.57 points to 82,814.71, despite IT stocks weighing on sentiment. Volatility remained elevated, with India VIX up 6.7%. Analysts expect the index to oscillate between 25,300–25,800. US and European markets also closed higher, boosted by the Supreme Court’s tariff ruling.
The US Supreme Court struck down Trump’s IEEPA-based tariffs, prompting a recalibration of global trade. The Trump administration responded with a temporary 15% global tariff under Section 122, easing pressure on India and other emerging markets. Emkay estimates India’s effective tariff at 11–13%, benefiting export sectors, while global trade uncertainty persists amid alternative legal and geopolitical considerations.
Nifty found support around previous lows while facing resistance at the 21-EMA on the daily chart
Newgen Software and Netweb Technologies led Nifty 500 gains last week, rallying 16% and 17% respectively, supported by surging delivery volumes. Nifty and BankNifty maintain bullish momentum, with key support at 25,400 and 59,500, and resistance near 25,900–26,200 and 62,800–63,500. VIX spike signals elevated volatility, while select stocks like KEI and Triveni show strong technical setups for near-term upside.
Indian markets head into Monday amid fresh tariff uncertainty after Donald Trump raised temporary US import duties from 10% to 15%, following a Supreme Court setback. While experts say markets may price in continuity, near-term volatility remains likely. Export-oriented sectors could see knee-jerk reactions as investors assess legal risks, refund implications and the broader India-US trade understanding.
Valuation expert Aswath Damodaran prefers Anthropic over OpenAI for investment, citing leadership dynamics rather than fundamentals. Both AI firms boast record-breaking private valuations—OpenAI near $730 billion and Anthropic at $380 billion. Despite the gap, the race for AI dominance raises concerns about productivity, jobs, and market impact, with recent Anthropic plugin releases triggering software market sell-offs in India and the US.
Primary markets brace for a hectic week as nine IPOs open across the mainboard and SME segments. Grey market premiums remain selective, with standout interest in select SME counters.
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