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Will Nifty Extend Rally To Day 4 After 52-Week High? RIL, Banks In Focus | Opening Bell Live

After a healthy three-day rally, the Nifty 50 has smartly broken past its falling resistance trendline and the June swing high, closing above 25,700 with a 0.5% gain on October 17 — just in time for the Diwali week celebrations. Experts say the index now looks poised for a strong bull run. A sustained close above the October 2024 bearish gap at 25,740 could open the gates to 26,000–26,300, levels last seen in September 2023. On the downside, immediate support stands at 25,500. GIFT Nifty hints at a gap-up start, and with the bulls extending their party after last year’s 2% gains, stocks like RIL, ICICI Bank, HDFC Bank, IndusInd and RBL Bank will be in focus. Catch Nandita Khemka in conversation with Ruchit Jain, Vice President – Technical Research, Motilal Oswal Financial Services, and Nikhil Khandelwal, MD, Systematix Group, as they decode market trends and top festive stock ideas for Samvat 2082.

first published: Oct 20, 2025 09:01 am