business

Can Nifty Stretch Winning Streak To Fifth Day And Cross The 25,000 Roadblock?| Opening Bell Live

The Nifty 50 notched its fourth straight gain on August 19, adding 0.4 percent, though it stayed within the previous day’s range. The index continues to trade above key moving averages, with momentum indicators signaling a bullish crossover. Experts suggest that while some consolidation may follow the recent rally, the broader trend remains positive. A decisive move above 25,000 is seen as critical for a further climb toward 25,250, while 24,850 (Monday’s low) is likely to provide near-term support. Meanwhile, gaming stocks such as Nazara Tech and Delta Corp will be in focus after the government moved to ban all money-based gaming transactions under the Online Gaming Bill. Tune in to Opening Bell Live with Nandita Khemka in conversation with Jay Thakkar, Head of Derivatives and Quant Research at ICICI Securities, and Siddharth Bothra, Fund Manager, Equity at Ambit Asset Management.

first published: Aug 20, 2025 08:59 am