A muted start turned into a steady recovery as Nifty rebounded from the 50-DEMA and defended key levels yet again. But with resistance building near 26050–26220, upside conviction remains thin.
Sector rotation added to the mixed tone—Autos and Capital Markets strengthened, while Media and Oil & Gas weakened.
Neel Parekh explains why 25,700 is now the most watched level—and what a break below 25800 could trigger next.
