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Live: Nifty eyes for 25,500 after ending at 7-month high | Opening Bell

Nifty hit a 7-month high in intra-day deals yesterday, crossing the psychological resistance level of 25,000, and ended the session with a strong gain of 395 points, closing above 25,050. Broad-based buying lifted the markets, with 49 out of 50 Nifty stocks advancing. The rally extended to the broader market as well, with Nifty Midcap and Smallcap indices showing strength for the fourth consecutive day, while defence stocks traded higher for the fifth straight session. Investors now await Q4 results from BHEL, Hyundai Motor, and Delhivery, due today. This morning, global cues were mixed. US markets ended overnight on a mixed note, whereas Asian markets also started the day on a mixed sentiment. Catch Lovisha Darad in conversation with Sudeep Shah—Head of Technical & Derivative Research, SBI Securities and Krishna Appala, Fund Manager at Capitalmind PMS.

first published: May 16, 2025 08:56 am