NIFTY 50 Market Analysis: Range, Technicals, and Monthly Expiry Outlook
NIFTY 50 Current Range and Market Context The NIFTY 50 is currently trading around 25,001.15 INR, reflecting a 0.60% gain over the past 24 hours as of May 26, 2025. The index has shown volatility, with a recent high of 26,277.35 INR on September 27, 2024, and a year-to-date increase of 9.03%. The GIFT Nifty is trading at 25,177, up 97 points, signaling a potential gap-up opening. Resistance is near 25,100, with support around 24,500. Global Influences US Futures : Mixed, with no clear direction, reflecting Wall Street uncertainty. Brent Crude : Down over 2% due to US-Iran nuclear deal hopes, easing inflation concerns. Gold : Stable but lacks strong bullish momentum. US Dollar : USD/INR at 85.32; a stronger rupee supports market sentiment. Today’s NIFTY 50 and Bank NIFTY Performance NIFTY 50 : Closed at 25,062, up 395 points in the last session. Today, it opened at 25,025.95, down 36.15 points. Holding above 25,000 is key, with resistance at 25,140 and supports at 24,940–24,750. Bank NI...