Nifty has stabilized near recent highs, consolidating after a rebound from the 25,700 zone. The index faces resistance at 26,050–26,300, with a decisive move above this level potentially leading to a rally towards 26,350–26,500. Immediate support is seen at 25,900.
Gold heads for sharpest weekly decline in four months on Fed rate outlook
Gold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowest