The market started this week on a weaker note, bringing Nifty down for the ninth straight session. Heavyweight stocks such as HDFC Bank and Reliance Industries contributed the most to declines. However, IT and auto stocks held ground in a volatile market. Going ahead, experts now watch out if Nifty can continue to defend 22,000, with resistance around 22,300. This morning, global cues were weaker. All major averages on the Wall Street ended lower overnight, with the S&P 500 suffering the worst day since December. Asian markets also started the day on a weaker note as US President Donald Trump's tariffs on Canada and Mexico is expected to kick in today. Among stocks, watch out for IEX, RBL Bank, REC in today's trading session. Catch Lovisha Darad in conversation with Ajit Mishra, Senior Vice President of Technical Research, Religare Broking and Anand K Rathi, Co-Founder, MIRA Money.
first published: Mar 4, 2025 08:58 am
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