Indian market bounced back but Nifty50 could face some resistance above 17700-17750 levels, suggest experts. Indian benchmark indices underperformed the broader indices on Wednesday. We expect current volatility to persist as investors are cautious regarding another 75bps rate hike by the US Fed, Mohit Nigam, Head – PMS, Hem Securities, said.
Nifty faces stiff resistance near 25,100; sector rotation is key
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across
May 24, 2025