Nifty close to 10,000, but eyes on geopolitical concerns
Last week, we had some encouraging moves in the market and in the process, the Nifty took a leap beyond the 9,800-mark. However, US President Donald Trump's threat to China on hiking tariffs over the weekend, spooked market participants across the globe. As a result, we had a huge gap-down opening on Monday, which was mostly followed by a consolidation throughout the remaining part of the week. Eventually, the Nifty ended the week tad above 9,200, shedding over 6 per cent as compared to the previous weekly close.
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