4830: 25,000 seen as key support for Nifty, Akzo Nobel block deal & Tata Capital’s IPO valuation | Market Minutes
Indian equities eye a cautious open as GIFT Nifty trades lower, tracking global weakness after Fed Chair Jerome Powell warned that equity valuations look “fairly high” and the path for rate cuts remains uncertain. Asian markets slip while US futures inch higher, gold hits fresh records, and crude climbs on supply concerns. Back home, Akzo Nobel’s big block deal is in focus, along with a trio of new IPO listings and a Moneycontrol exclusive on the Tata Capital IPO. Also, in our Voice of the Day segment, Geojit Financial’s Gaurang Shah shares his take on the stellar rally in auto stocks. Tune…
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