Nifty continues its decline, breaching support levels, with a cautious market outlook. Analysts advise avoiding bottom fishing and waiting for reversal signals. Focus remains on Q3 earnings, Union Budget, and FII activity. FMCG and IT sectors show resilience, while Pharma faces resistance. Key stocks to watch include M&M, Bharti Airtel, and Tata Consumer.
Dalal Street Week Ahead: Sideways consolidation likely to persist amid global trade uncertainty
The Nifty experienced a week of range-bound trading, closing slightly lower with a 0.53% loss. Facing resistance near the upper edge of a rising channel,
July 26, 2025