Nifty Holds Above 25K, Market Drivers Signal More UpsideNifty’s winning streak hit eight sessions, closing above psychological 25,000 mark as global optimism and strong domestic cues kept the rally alive.
Technical View
● The index has registered a fresh breakout above the trendline resistance, pointing toward renewed bullish momentum.
Key Levels to Watch
● Immediate resistance is seen around 25,200–25,300, while a stronger hurdle lies at 25,500–25,600.
● Support has shifted higher to 25,000–24,900, keeping the short-term outlook positive.
Market Drivers
● Global cues: Hopes of a US Fed rate cut and progress on the India–US trade deal have lifted market sentiment.
● Domestic macros: India’s economy looks strong with solid financial stability, steady GDP growth, and easing inflation.
● Consumer demand: Spending is expected to rise sharply after September 22, especially in automobiles and consumer durables, which could boost markets in the near term.
● Policy & earnings: Market mood is supported by GST reforms, easier monetary policy, and positive earnings expectations for the second half of FY26.
Strategic View
● The overall market trend is expected to stay positive. Traders should follow a buy-on-dips strategy with strict stop-losses. As long as Nifty holds above support, it can gradually move higher in the coming sessions.
