2025 holds great opportunities for the markets and investors and definitely promises to be a very eventful year with Donald Trump at the helm as he has the mandate to take decisions which no US President has taken in the last 50 years, Aamar Deo Singh, Senior Vice President-Equity, Commodity & Currency at Angel One said. Trump’s 'MAGA' policy is expected to hurt China while benefiting India, he opines.
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Nifty traded range bound last week and on Monday ended in the red. What does the chart suggest regarding this week’s prospects? Markets managed to witness consolidation last week on the back of support from buying in at lower levels by DIIs, whereas the FIIs continued to be on the selling spree. However, lack of fresh negative triggers and markers having discounted the slower pace of corporate earnings, appears to be supporting the markets at lower levels. On a broad-base, advances versus declines are striving to outdo each other but the duel still shows no signs of ending anytime soon.
The bears currently have the upper hand as the markets are unable to sustain at higher levels. This week, markets could continue witnessing weakness with selling likely to outpace buying. However, the silver lining is the fact that India Vix has cooled off from the recent highs of 17, to end the week at 13.24, clearly displaying receding investor fears.
What levels do you see for Nifty and Bank Nifty and what should traders and investors do?
Both Nifty & Bank Nifty have almost corrected by 2% in December, on the back of