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Can Nifty break the 8-week deadlock or will pain continue? Here’s what charts indicate
Nifty rebounded after its longest weekly losing streak in 25 years, but technical indicators suggest the broader downtrend remains intact. The index is near key support at 21,743–22,182, while 22,550–22,600 is the immediate hurdle. A break below support could expose Nifty to 19,000 and 16,700.
Chart beat: AI boom drives current account divergence between North and Southeast Asia
The AI boom is widening the current account gap between North and Southeast Asia, as chip exports lift Taiwan and Korea while data-centre imports and higher oil costs weigh on Southeast Asia.
White House AI task force will prevent 'overregulation': WSJ report
A White House task force on artificial intelligence will assess the technology's risks and opportunities, while preventing overregulation that stifles innovation, its leader Jay Clayton has told the Wall Street Journal. The task force's charter states that it will "develop plans for responding to SI-enabled threats to…