Indices
- Nifty 50: 26,050 (slipping below the key 26,068 support)
- Sensex: Down 230 pts
Sector Movers
- Top Drags:
- Oil & Gas
- Metals
- IT
- Gainers (if any): Likely pharma, consumer durables, or safe-haven sectors, though not mentioned in this update.
Market Outlook
- Nifty is testing critical support at 26,000–26,050.
- A break below 26,000 could trigger further downside.
- On the upside, resistance is around 26,150–26,200.
- FII selling is likely contributing to pressure on index.
I can also suggest a short-term intraday trading plan for Nifty & Bank Nifty based on this live level if you want. Do you want me to do that?
