The Nifty is facing resistance around 25,200-25,300 amid geopolitical concerns, leading to a cautious short-term outlook with support near 24,500-24,000. Analysts suggest a tactical approach, avoiding aggressive bets until clearer signals emerge. Bank Nifty reversed after hitting a high, and traders should monitor key levels for potential shorting opportunities.
GDP data, crude prices among 7 factors likely to steer D-Street this week
Indian equities are likely to take cues from a slew of domestic and global factors this week, including India’s first-quarter GDP data, US jobs numbers,
August 30, 2026