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The Mumbai stock market sees the Nifty 50 index continuing its upward trend. Experts highlight strong support around 25,150 points, matching the previous swing high on daily charts.
On the upside, key resistance levels to watch are:
- 25,550 points
- 25,670 points
Investors are closely monitoring these levels for trading decisions today. Market watchers also focus on the US Federal Reserve’s potential rate cut and ongoing India-US trade deal negotiations. These factors could influence market sentiment and stock movements.
Additionally, analysts suggest eight specific stocks to buy or sell on Thursday, aiming to capitalize on current market momentum. Traders should keep an eye on global cues and domestic developments impacting Nifty 50’s direction.
Stay tuned for Questiqa USA for more latest updates.
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