Bull vs bear: Will Nifty defend its bottom made on the budget day?
Nifty ended last week with a cut of 2.67%, followed by a six-day losing streak. We were already struggling to move higher, and now weakness in global markets due to a jump in US bond yields is acting as a key headwind. The market will continue to keep an eye on the direction of global markets along with the movement of US bond yields and the dollar index in the near term because the interest…