Nifty 50 Climbs 0.25%: Bulls Charge Amid Fed Anticipation

The Nifty 50 advanced to around 25,886, up 46 points from previous close of 25,840, trading between 25,833-25,920. This modest uptick signals resilience post-pre-open 0.09% gain, driven by selective buying in financials and IT amid mixed Asian cues.

Key Highlights

Index Levels: Current 25,886 (+0.25%); Day high 25,920, low 25,833; above 50-day MA 25,651.​

Sector Leaders: Bank Nifty outperforms; financial heavyweights like HDFC Bank, ICICI gain; IT steady ahead Fed.

Broader Gains: Advance-decline ratio positive; midcaps firm, smallcaps volatile post-IndiGo drag.

Global Context: Asian markets flat; GIFT Nifty cues positive; Fed 25bps cut eyed at 89% probability.

Trading Outlook

Volatility expected post-Fed; key support 25,800 holds, resistance 26,000 in sight.

Sources: Reuters (RTRS), NSE India, Perplexity Finance​