Nifty is approaching a critical level around 25,200. Analysts suggest a potential rise towards 25,700-25,900 if it breaks through. Support remains strong at 24,500. Experts recommend focusing on stocks like Mahindra & Mahindra and Bharat Electronics Limited. Banking and IT sectors are also showing promise. Geopolitical uncertainties may still cause market volatility. Traders should monitor key support and resistance levels.
Overseas funds reduced investments in some sectors this June. Fast-moving consumer goods saw the biggest selloff. Power sector also experienced significant outflows. Financial services received substantial inflows. Interest rate cuts by RBI boosted financial sector investments. Geopolitical tensions and trade issues may affect future flows. Chemicals, oil & gas, and capital goods saw some investment.
US strikes on Iranian nuclear facilities inject uncertainty into a weakening global economy. Downgraded growth forecasts from major financial institutions are now threatened by potential oil price surges and trade disruptions stemming from escalating conflict. Analysts anticipate further escalation and rising inflation, compounded by looming tariff deadlines, posing significant economic risks.
Indian stock markets might experience a downturn this week. This follows US strikes on Iranian nuclear sites, escalating Middle East tensions. Rising oil prices and potential Strait of Hormuz closure could negatively impact market sentiment. Investors are closely watching Iran's response. The Nifty and Sensex previously rebounded, but this new development threatens that recovery.
