Nifty gained 84 points on Friday, forming a rounding bottom pattern suggesting strength. Analysts expect the index to rise towards 25,500 and potentially 26,000-26,250 if it sustains above 25,500. Support is at 24,950; a ‘buy on dips’ strategy is recommended.
Over the five trading sessions ending May 30, the Sensex declined by 0.33%, shedding 270 points to close at 81,451. The index posted losses on
Markets ended the week on a cautious note, marking the second consecutive week of consolidation. This subdued performance came amid ongoing global trade tensions and
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