The Nifty experienced a mild corrective movement, trading in a downward-biased consolidation phase and ending the week with a slight loss. Despite a supportive Fed stance, the index faced resistance near recent highs, indicating a technical pause within an uptrend. Traders are advised to remain cautious, protect profits, and await a breakout above 26,200–26,300 for confirmation.
Banks seek easing of guarantee curbs to draw more NRI funds
Indian banks are asking the Reserve Bank of India to remove a guarantee restriction. This move aims to attract money from the Indian diaspora. Banks
June 1, 2026