Stock viewMoneycontrol
Nifty 50 faces resistance at 25,500; Bank Nifty near record
Positive+4
GreyOak summary
Nifty 50 closed at 25,299, facing resistance at 25,400-25,500 with potential support at 25,100. Bank Nifty rallied 1.19% to 61,519, approaching its record high of 61,764.85. Analysts note overbought conditions and expect consolidation before further upside.
What it affects
- NIFTY 50Positive +4
Consolidation expected near 25,400-25,500 resistance zone.Rolling sentiment Positive +21
- NIFTY BANKPositive +4
Likely to reclaim record high of 61,764.85.Rolling sentiment Negative -20
