Wed Sep 03 04:10:00 UTC 2025: **Summary:**
The Nifty index rebounded after a three-day losing streak, fueled by strong GDP growth data. However, the market’s gains may be limited due to potential US tariffs and ongoing selling pressure from foreign investors. Technically, the index faces resistance below 25,000, with strong support at 24,350. The rupee has hit a record low. Foreign portfolio investors were net sellers, while domestic institutional investors were net buyers.
**News Article:**
**Nifty Rebounds on Strong GDP Data, But Headwinds Remain**
**Mumbai:** The Nifty index bounced back on Tuesday, recovering from a three-day slide, driven by robust GDP growth figures. However, analysts caution that the rally may be capped by external factors and persistent selling pressure.
While the Indian economy’s strong performance provides a positive backdrop, concerns over potential US tariffs and continuous selling by Foreign Portfolio Investors (FPIs) are weighing on market sentiment. On Monday, FPIs net sold shares worth ₹1,429 crore, while Domestic Institutional Investors (DIIs) provided support with net purchases of ₹4,345 crore.
Technically, the Nifty faces resistance below the 25,000 level, while a strong support level lies at 24,350. Adding to the market’s woes, the Indian rupee has depreciated to a record low, further impacting investor confidence.
“Despite the positive domestic outlook, global uncertainties and FPI activity will continue to influence market direction,” said a market analyst at ETMarkets. “Investors should remain cautious and closely monitor these factors.”
Other news from ETMarkets include trending stocks such as SBI, Axis Bank, HDFC Bank, Infosys, Wipro and NTPC.
First Piper 