The Nifty closed 26 points lower on Budget day amid high volatility. Analysts see strong support at 23,300, with resistance at 23,500–23,600. A decisive breakout could push Nifty toward 24,000, while a drop below 23,280 may trigger panic.
Any relief rally in markets likely limited and temporary: David Roche
Global markets are reacting prematurely to geopolitical shifts, according to macro strategist David Roche. He argues that recent oil and equity market moves reflect speculation
May 25, 2026