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Nifty May Aim For 25,200 As Rally Gathers Pace|IndiGo, PG Electroplast Block Deals|Opening Bell Live

The Nifty 50 decisively broke above 24,850 supported by higher trading volume compared to the previous day, following a positive start on May 26. The index closed 0.6% higher, marking its second consecutive session of gains. Going forward, the index may enter a consolidation phase with strong support in the 24,850–24,900 range. A breakdown below this level could lead to increased selling pressure. However, as long as this support holds, the index is likely to continue its upward move toward the 25,200–25,300 zone. A decisive break above this resistance could spark a sharp rally, experts suggest. Watch out for IndiGo, PG Electroplast, Aurobindo Pharma and Nazara Tech in trade. Catch Nandita Khemka in conversation with Ajit Mishra, SVP-Technical Research, Religare Broking and , market expert Anshul Saigal.

first published: May 27, 2025 08:59 am