F&O Talk: Market lacks strength, 25,350 critical resistance for Nifty, says Sahaj Agrawal of Kotak Securities

F&O Talk: Market lacks strength, 25,350 critical resistance for Nifty, says Sahaj Agrawal of Kotak Securities

Indian benchmark indices suffered a sharp decline on Friday, ending the week with a notable drop of over 1%. The downturn was driven by a combination of weak global signals and regulatory challenges. Investor sentiment was further dampened as some chose to lock in profits at record levels in anticipation of upcoming US employment data. … Read more

Nifty: Follow-up buying could take Nifty higher: Analysts

Nifty: Follow-up buying could take Nifty higher: Analysts

Most technical indicators suggest a short-term bottom reversal for Indian indices. Analysts expect the Nifty to trend higher as follow-up buying may emerge above 22,180, with short positions potentially being challenged above 22,425. Reliance Industries, SBI, Hindalco, Eicher Motors, Maruti, HAL, and M&M, along with midcaps like Jindal Steel and Power, Delivery, Bharat Dynamics, Lemon … Read more