New Delhi, June 4 -- Shares to buy for the short term: The equity benchmark Nifty 50 traded little changed in the morning session on Wednesday, June 4, amid mixed global cues and growing uncertainty over US-China trade relations.
The benchmark index has corrected by over 1 per cent in the last three sessions due to stretched valuations, FPI selling and the lack of fresh triggers.
According to VK Vijayakumar, Chief Investment Strategist at Geojit Investments, the recent Nifty range of 24,000-25,000 is likely to persist in the near term. He added that in the medium term, a breakout above 25,000 is a clear possibility rather than a breakdown below 24,000. Unexpected developments, however, can alter the scenario.
Experts say this is the st...
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