Mumbai, Feb. 7 -- The market will likely follow global cues for direction next week, with the ongoing earnings season sparking stock-specific movements. Globally, investors are awaiting the key U.S. payrolls data on Friday, maintaining cautious optimism that a full-blown trade war may be avoided.
Technically, the trend is expected to stay positive as long as the index remains above 23,450. On the upside, resistance is seen at 23,700. A decisive break above 23,700 could pave the way for a rally toward 24,050.
The counting for the highly anticipated Delhi Assembly elections is set to take place on Saturday, 8 February 2025. All eyes will be on the outcome as political parties brace for the announcement, which will determine the next ruling ...