Market Watch : Moody`s rating downgrade pull US futures lower. Asia follows

2025-05-19 09:00:49 am | Source: Geojit Financial Services Ltd

Market Watch : Moody`s rating downgrade pull US futures lower. Asia follows - Geojit Financial Services Ltd

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Nifty Outlook

We now have only the October 2024 peak ahead at 25235, which is in close vicinity, before 26277, the lofty peak of September stares at us. This warns us to be guarded against sudden withdrawal in risk appetite and buying interest as we push ahead. With this in the backdrop we will begin the week expecting continuation of uptrend, with intraday downside marker at 24950. However, brace for declines, should the upswings there of fail to clear 25235 or if there is an outright breakdown past 24870/807 region.

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Market Watch : Moody`s rating downgrade pull US futures lower. Asia follows - Geojit Financial Services Ltd

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