However, Investors are Hopeful for a Market Rebound as Escalating Geopolitical Tensions Continue to Exert Downward Pressure on Market Signment, According to Experts.
Mahesh M Ojha, AVP-Research at Hencex Securities, Said, “Investors Should Keep An Eye On The Gap-up Opening on Monday as Geopolitical Tensions Intensions Intensify Worldwide. Between Israel and Iran is Expected to Push Up Global Crude Oil and Gold Pries. “
Experts sugges that the us economy and global markets was unprepared for this sudden conflict, which could weigh weigh heavily on overall investor Senior Across Across the Global Stock Markets.
The israel -ran conflict has escalated significantly, with the united states launching attacks on Iranian nuclear facilities and formally entering the work israel. The strikes reportedly targeted Iran’s Heavily Guarded Nuclear Sites at Fordow, Natanz, and Esfahan. Us B-2 bombors, Known for his Advanced Stealth Capability and Built by Northrop Gramman, Were Used In the Operation. These aircraft are capable of carrying powerful bombs, which experts believe are well-soughted for such High-Security Targets.
Iran has pledged to strike back, sparking concerns about a wider conflict in the middle East. In light of the escalating tensions, the united states have initiated evactions flights from israel.
On Friday, Indian Equites Ended The Week With A 1.6% Gain, Rebounding from a three-day slump with a strong rally. Sensex Opened Slightly Below Its Previous Close at 81,354.85, Compared to 81,361.87, but rallied by 1,133 points or 1.4% to HIT An INTRADAY HIGH of 82,494.49. Similarly, The Nifty 50 Started The Day at 24,787.65, Just under its last close of 24,793.25, and rose 1.4% to set an intraday high of 25,136.20.
Key Technical Levels to Watch out
According to Sugandha Sachdeva, Founder of SS WealthStreet, The NIFTY HAS Successfully Defended Key Support of 24500 and APEARS Poised for an upside breaking breakout from its consolidation.
“For the past Six Consecurave Weeks, Nifty has larger moved in a band of 24500-25200 and on the there is a breakout on the higher side it would signal a Bully A Bully A Bully A Bully A Bully to PAVE The Way For Higher Targets of Around the 25700 Mark, ”Sachdeva said.
Meanwhile, on the outlook of bank nifty, she said, “as for the bank nifty, it’s likely to Remain supported at 55400 levels and as long as the banking Index is AS AS AS AS AS Well-positioned to target higher levels of Around 57180 Mark. “
Disclaimer: This story is for educational purposes only. The views and recommendations about individual analysts or broking companies, not mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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