Nifty shows a sharp positive trend with a potential target of 26,250 and immediate support at 25,600. Analysts advise caution due to high FPI long-short ratios and overbought conditions. Stocks like HDFC Bank, Kotak Bank, Maruti, and L&T are forming bullish trends. Investors should consider stock-specific opportunities while monitoring key support levels.
Asian stocks, bonds climb as trade-truce rally holds
Shares in South Korea and Australia climbed early Friday, while Japan’s were mixed. US futures inched higher after the S&P 500 rose 0.4% Thursday. Canada’s