Nifty Faces Two-Way Pressure: Trump-Powell Clash & Earnings Season Create Market Fear
Share Market
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CNBC Awaaz12-01-2026, 08:12

Nifty Faces Two-Way Pressure: Trump-Powell Clash & Earnings Season Create Market Fear

  • Indian stock market faces a 'decisive week' with Nifty closing below key levels and December range broken.
  • Global environment worsened by Trump-Powell clash, leading to fear on Wall Street and Asian markets.
  • Major Indian companies like TCS, HCL, Infosys, Reliance, HDFC, and ICICI will announce results this week, impacting market direction.
  • Nifty is technically weak, resting on 20 WEEK EMA; FIIs' net short position at 92.5% suggests potential short covering.
  • Dollar-Rupee fragile above 90; investors advised to pick fundamentally strong stocks amidst oversold market.

Why It Matters: Indian market faces a critical week due to global tensions, upcoming earnings, and technical weakness.

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