Global cues are turning increasingly challenging for Indian markets.<\/p>\n
The US 10Y yield is approaching 4.8% despite the Treasury doubling its bond-buyback programme to $4bn. Crude has also moved above $90 as the US-Iran conflict escalates. Higher yields and higher crude are clearly not a great combination for equities, while also creating headwinds for precious metals.<\/p>\n
The one positive amid all these global concerns is the Indian rupee, which has started cooling off after the recent weakness.<\/p>\n
Interestingly, the domestic picture remains quite encouraging. Q1FY27 GDP growth came in at 7.8%, August auto sales were strong, GST collections grew 14.8% YoY to \u20b91.99 lakh crore, and broader market earnings growth in Q1FY27 was among the strongest seen in the last 8 quarters.<\/p>\n
The festive season has also begun, which should be supportive for consumption and the broader economy.<\/p>\n
So while the global setup is clearly a concern, domestic fundamentals are providing some cushion.<\/p>\n
The key question now: can this domestic resilience help Nifty stay unaffected by the global headwinds and defend the crucial 24,000 level?<\/p>\n
What\u2019s your view?<\/p>\n
Will Nifty defend 24,000?
\n\ud83d\udfe2 Yes
\n\ud83d\udd34 No<\/p>\n","protected":false},"template":"","article-category":[],"article-tags":[],"class_list":["post-310424","article","type-article","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/310424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=310424"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=310424"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=310424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}