Equity markets extended gains on Thursday with the Nifty closing at 25,549, marking a fresh 2025 high during the session. Analysts maintain a positive outlook on domestic-driven sectors such as financials, capital markets, agriculture-linked segments (including agri inputs, tractors, and rural consumption), and defence, which are well-positioned to benefit from ongoing policy support and seasonal tailwinds.
STATE OF THE MARKETS
- Tech View: On the upside, immediate resistance is placed at 25,500. A sustained move above this level could pave the way for a short-term recovery, potentially pushing the index towards 25,600 or higher. Conversely, a decisive break below 25,300 may open the door for a sharper correction.
- India VIX: India VIX, which is a measure of the fear in the markets, fell 0.66% to settle at 12.44 levels.
Stocks in F&O ban today
RBL BankSecurities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.
Rupee
The rupee depreciated 3 paise to close at 85.62 against US dollar on Wednesday, on weak domestic equity markets and a rise in crude oil prices.