Mumbai, April 17 -- Investor sentiment on Dalal Street remains upbeat, buoyed by India's solid domestic fundamentals and a relative calm in global markets-at least for now. With the Q4FY25 earnings season heating up, corporate performance is expected to steer the next leg of market direction.
From a technical standpoint, the Nifty 50 appears to be regaining its footing. The index faces resistance near 24,550, while 23,600 serves as immediate support. A breakout on either side could determine the market's direction in the near term.
However, global volatility continues to simmer beneath the surface, driven by unresolved geopolitical tensions-particularly between the US and China-firm US bond yields, and an ambiguous macro policy environm...
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