Market outlook Jul 29: Nifty eyes 25K; Fed rate cut bets spark global rally

Quick Summary:

Stock Market Live: GIFT Nifty signals higher start for Sensex, Nifty; Japan's Nikkei jumps over 2.

Technically, the Nifty formed a significant bullish candle on both the daily and weekly scales, indicating underlying strength.

The Bank Nifty formed a significant bullish candle and closed above the 51,200 mark.

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Category: BusinessFinance

Markets: IndiaJapan

Topics: Equity benchmark indices Market technical levels Daily market outlook Trading strategies Dii buying Bank nifty Pre-market update Nifty support resistance levels Indian stock markets FII flows Gift Nifty futures Gift nifty Pre-market analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-29 @ 07:02:28 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1024 words

Reading Time: 6 minutes read

Sentences: 55 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21815396

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Coverage Areas: India

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