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Nifty is expected to be volatile, finding support near 24,700. A breakout above 25,150 could lead to 25,300-25,500, while a drop below 24,800 may take it to 24,600. Analysts suggest buying on dips, focusing on banking, auto, IT, pharma, and consumer stocks, anticipating market buoyancy due to positive cues.
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News and Media
Sebi searched the premises of Avadhut Sathe, a Mumbai-based financial influencer. Sathe confirmed the search and stated he only provides trading training. He denied offering investment tips. Sebi is cracking down on finfluencers giving investment advice. A report suggested Sathe made illegal earnings. He urged his students to ignore media reports. He assured that his sessions will continue as planned.
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Despite China's economic struggles with tariffs and a property crisis, its stock market is experiencing a significant bull run, adding almost a trillion dollars in market value. This surge, driven by investors seeking alternatives, contrasts sharply with concerning economic indicators like low inflation and weak domestic demand.
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News and Media
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