Technical View: Nifty faces hurdle at 25,250, rangebound action likely to persist; Bank Nifty holds 20-day EMA

Monthly options data suggests that the Nifty 50 is expected to trade in the 24,800–25,300 range in the near term. Nifty Outlook for July 25 The Nifty failed to witness follow-through buying on July 24 and closed the weekly F&O expiry session with a 0.6 percent loss. In fact, the index erased all of its…

Trump hints at trade deal with India, says major announcements on the way

US President Donald Trump hints at new deal with India, possibly with tariffs similar to Indonesia’s 19% rate   US President Donald Trump on Wednesday said the United States is “very close to a deal with India,” suggesting that American goods could soon gain greater access to the Indian market, according to a Reuters report. “We’re very…