The Nifty 50 staged a strong comeback on October 1, rising nearly 1% to reclaim the 100-day EMA at 24,740 after eight straight days of weakness. Sentiment improved following the RBI policy announcement, but experts say the index must decisively clear 25,000- the midline of the Bollinger Bands and the 50% retracement of the recent fall-for a sustained upward move. Until then, range-bound action may continue with 24,600 as a key support level, defended for three sessions in a row. Stocks in focus today include Maruti, Hero Moto, TVS Motors, Coal India, and Sammaan Capital. Join Nandita Khemka live with Jay Thakkar, Head of Derivatives & Quant Research at ICICI Securities, and Vikram Kasat, Head of Advisory at PL Capital, as they decode the market outlook and the key trading levels to watch.
first published: Oct 3, 2025 08:57 am
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