The Nifty showed signs of upward movement after a two-week consolidation, closing with a weekly gain of 1.02%. It faces resistance at 25,100-25,150, and a breakout is needed for a sustained uptrend. PSU Banks are expected to outperform, while IT shows bottoming-out signs. A cautiously positive approach is advised, focusing on profit protection and strong technical setups.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets