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Sustaining above the 24,250-24,265 zone will be important if the Nifty is to extend its gains. Failure to remain above that level could keep the benchmark within its recent trading range.
The development comes at a time when Iran is preparing for the state funeral of the late Supreme Leader Ayatollah Ali Khamenei who was killed in the initial phase of the war in early February.
The brokerage believes the sector is bogged down by headwinds emerging from challenging macros basis the conflict in the Middle East, heightened competitive intensity fuelling AI deflation, shift of tech spends towards frontier AI and AI infrastructure companies, and insourcing in GCCs.
The accumulated investments stay exactly where they are, but their operation changes as the account holder's legal status moves from minor to major.
Motorists said the condition of the road was extremely poor, with iron reinforcement bars reportedly protruding from the concrete at the damaged stretch.
According to the company's exchange filing, Paytm Europe was informed by the regulator on July 2 that it had received the licence and had also been registered on Luxembourg's official list of payment institutions, effective the same date.
Zuckerberg also reportedly admitted that the recent reorganisation, which involved large-scale layoffs, was not executed as cleanly as it should have been, and that leadership had got the timing of the changes wrong.
Citi expects another strong quarter for FMCG companies despite price hikes, with Tata Consumer, Godrej Consumer and Britannia emerging as its top stock picks ahead of Q1 earnings.