New Delhi, Aug. 10 -- The benchmark index Nifty 50 crashed almost one per cent to breach its key support at 24,400, closing at 24,363 last Friday.
During the week ended August 8, the index remained in a range of 24,337 to 24,736, pressured by US President Donald Trump's tariff blow, foreign capital outflow, and mixed earnings.
The index declined 0.82 per cent for the week, marking its sixth consecutive week of losses.
The coming week will be dominated by Trump tariff news flows, India, US inflation data and foreign capital flow. The proposed meeting of the US President and his Russian counterpart, Vladimir Putin, will also be a key event for markets globally.
Sumeet Bagadia, Executive Director at Choice Broking, underscored that the m...
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