India's Nifty 50 index [.NSEI] flipped positive, rising 0.2% above 26,200 on November 28, 2025, after flat opening. Following yesterday's record high of 26,310 and marginal close at 26,215, bulls eye 26,300 resistance amid consolidation, boosted by banking and select largecaps.
Market Recovery
The Nifty 50 [.NSEI], benchmark for NSE, opened flat near 26,219 but gained traction, turning positive by 0.2% as buying resumed in key sectors. Yesterday's session saw intraday peaks at 26,310 before profit booking, yet closed up 0.04% at 26,215.55, reflecting narrow largecap-driven rally.
Technical Outlook
Analysts highlight 26,300 as pivotal resistance; sustained break could target 26,350-26,450. Support rests at 26,000-26,100, with positive bias intact post-all-time highs. Bank Nifty hit 59,866 record before settling 0.35% higher, signaling broader momentum continuation.
Key Highlights
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Current Gain: Up 0.2% above 26,200 level.
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Yesterday's Peak: 26,310 intraday; closed 26,215.55 (+0.04%).
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Resistance: 26,300; upside to 26,500 possible.
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Support Zone: 26,000-26,100 (20/50-day EMAs).
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Sector Leads: Banking strong; media, IT steady.
Sources: Times of India, NSE India, Moneycontrol.