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IPO Corner
Nifty Daily Analysis
06-03-2026
Market conditions look very weak amid the war escalation and uncertainty. Financial Markets don't like uncertainty, which is why we see high volatility with a slight positive or negative news. On a long-term basis, 24034 is the immediate Nifty support; breaking it may prolong the weakness till 23132. On the upper side, 25336 and above will show bulls getting active.
Market Overview
The USA has learned to live with the high-interest rates. If the USA has interest rates around 5-7%, then a growing economy like India should have interest rates around 9-12%. Money flow shouldn't be freely available to capitalists. Sometimes Banks avoid the pain for the short - term. I am of the belief that early pain is good rather than delaying it. Some massive upside in the market is waiting.
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