Overview
- The Nifty rose 0.18% to 26,033.75, snapping a four-day slide, and the Sensex added 158.51 points to 85,265.32 after a volatile session that saw profit-booking trim highs.
- Traders flagged support at 25,950–25,900 and resistance near 26,100–26,200, with a push above 26,150–26,200 seen opening 26,250–26,300 and a slip below 25,900 exposing 25,750.
- Bank Nifty stayed in consolidation, with immediate support near 59,000, resistance around 59,800, and a base expected between 58,500 and 60,100.
- Foreign investors were net sellers for a fifth day, offloading Rs 3,206.92 crore, while the rupee weakened to a fresh low near 90.43 per U.S. dollar.
- Sectorally, IT led gains with a 1.41% rise on Fed-cut hopes and currency tailwinds, while midcaps and smallcaps declined.