Second is the risk-off sentiment surrounding the global markets after US President Donald Trump yet again raised his tariff rhetoric to acquire Greenland. Third remains the lack of conviction the bulls have at higher levels, with Friday being a case in point.
Despite a 5% jump in Infosys, a rub-off on other IT stocks, capital market names doing well, the Nifty could not sustain the intraday high of 25,873, ending nearly 200 points off those levels. 25,600 on the downside remains an important level, one that the bulls have managed to defend all through last week.
Nifty Bank will be the bigger index to watch as multiple banks will be reacting to their quarterly results. BHEL, Hindustan Zinc, IRFC, Havells, LTIMindtree are some important earnings today.
Watch this space for all the Live updates.
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