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.
SIP additions at a six-month high amid rising churn
In August, the number of new accounts for systematic investment plans (SIPs) soared to a six-month peak, marking significant activity. Nevertheless, the year-on-year growth showcased