Markets Today: Nykaa, Eicher Q3; Trump steel tariff; Ajax Engineering IPO

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Markets Today: Nykaa, Eicher Q3; Trump steel tariff; Ajax Engineering IPO - Business Standard

Quick Summary:

Friday’s volatility did not push the Nifty index below the 21-EMA on the daily timeframe, signifying a positive short-term trend.

Also, during the week ahead, US Fed Chair Jerome Powell will testify before the Senate Banking Committee on February 11 and the House Financial Services Panel (finance committee) on February 12 on the state of the US economy and the outlook ahead.

India stock markets are looking to open lower today.