The Indian stock market rebounded strongly this week. Nifty 50 crossed 25,000, recovering previous losses. Operation Sindoor boosted market sentiment. Midcap and Smallcap indices also rose significantly. Analysts suggest Nifty may reach 25,300-25,600. Bank Nifty faces resistance at 55,700-55,800. Stock-specific trading is favored. Defense stocks are overbought. Metal sector shows bullish signs. Hyundai and BHEL are in uptrends.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction