Business news highlights (July 1): Coal India production drops by 8.5 percent in June
Trade setup for July 1: Top 15 things to know before the opening bell
The Nifty 50 slipped into the red for the first time in the last five consecutive sessions, declining by 0.5 percent on June 30 due to profit booking, following a 2 percent rally in the past week. Overall, the trend remains upward, although consolidation and range-bound trading may persist for a few more sessions before the market enters a fresh leg of the upmove, according to experts. As long as the index trades below 25,700, the consolidation may continue, with support at 25,400—below which the correction could extend to 25,200, a key support zone. (Read More)
