Nifty’s breakout above 25,150 to pave way for 25,500: Analysts

Nifty is expected to consolidate this week. It will face resistance around 25,100-25,150 zone. A breakout could lead to 25,500-25,700 levels. Support is seen at 24,500-24,600. Analysts suggest accumulating quality stocks on dips. Sectors like financials and infrastructure are in focus. RBI policy and earnings season conclusion will influence market volatility. PSU banks and realty may outperform.

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Federal Reserve holds rates steady in a divisive vote

The Federal Reserve kept interest rates unchanged. However, the decision revealed significant disagreements among officials. Three policymakers opposed the statement’s bias towards lowering borrowing costs.

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