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JPMorgan has downgraded Indian equities to Neutral from Overweight, warning that the Nifty could fall to 20,500 in a bear-case scenario, indicating a potential 15% decline. The downgrade reflects concerns over elevated valuations and uncertainties…
The Nifty 50 extended its downtrend, correcting 0.8 percent for the second consecutive session on April 23, amid ongoing tensions at the Strait of Hormuz and US-Iran negotiations that kept oil prices above $100 a…
Aluminium prices have surged to four-year highs on the London Metal Exchange (LME) and touched a record ₹375/kg in India. After the onset of the US–Iran war in early March, prices initially fell sharply due…
The Nifty 50 gained 0.65 percent on April 17 amid hopes of a potential US-Iran deal but did not close above the crucial 24,400 level. This level corresponds to the upper range of a bearish…
Market experts anticipate consolidation in the upcoming sessions until clarity emerges regarding a potential US–Iran deal. Momentum indicators favor buyers, with indices above short-term moving averages. The Nifty 50 has downside support in the 24,100–23,900…
