Nifty is expected to trade rangebound with a mild bullish undertone this week, consolidating amid mixed cues. Analysts see 23,800-24,000 as a key hurdle, with 23,150-23,250 acting as support. A breakout above 24,000 could trigger a rally towards 24,600, while a break below support may lead to further declines.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.
May 25, 2026