Live: Will Nifty’s weakness continue for the second straight day? | Opening Bell
The Nifty struggled to hold above the 26,300 mark as profit booking capped gains despite fresh highs, with heavyweights like Reliance, HDFC Bank and IT stocks dragging the index lower. While Q3 business updates have been largely robust across banks and FMCG, including continued double-digit loan growth at major lenders, sentiment remained cautious amid geopolitical risks, trade deal uncertainty and persistent FII selling. This morning, global cues were mixed. US markets ended higher overnight with Dow hitting fresh record highs after US ousted Venezuelan President Maduro. Asian markets also opened mixed this morning led by defence stocks. Catch Lovisha Darad in conversation with Ajit Mishra–SVP, Research, Religare Broking and Rishi Kohli, CIO, JioBlackRock Asset Management Company.
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