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

Share Market
C
CNBC Awaaz•12-01-2026, 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.
✦
More like this
Loading more articles...





