BHARATRAS.NSE

Bharat Rasayan Ltd.

Following Friday’s rally, Nifty now faces a crucial test near 25,200. Analysts say a sustained move above this level could pave the way for a further rise toward 25,700–25,900, but also caution that geopolitical uncertainties may continue to inject volatility into the markets. On the downside, support at 24,500 remains crucial with stock-specific action in banks, midcaps, and select names like M&M, BEL, and CAMS offering trading opportunities.RUCHIT JAIN VICE PRESIDENT, MOTILAL OSWAL FINANCIAL SERVICESWhere is Nifty headed this week? Geopolitical tensions have led to a consolidation phase in Indian markets over the past month. However, this appears to be a time-wise corrective phase within an uptrend, with Nifty holding above its support zone of 24,500– 24,450—a crucial near-term level. The immediate hurdle for the index lies in the 25,200–25,250 range. A breakout above this could propel the index towards 25,500–25,700. On the downside, 24,800 is the immediate support, followed by positional support at 24,450.

Retail sentiment on the Nifty 50 turned ‘extremely bullish’ as Indian equities ended higher on relief from U.S. trade risks.

Indian equity markets opened higher following a U.S. court’s block on Trump’s tariff orders and positive Asian cues.