Traders are watching support near 25,300 and resistance around 25,500 for the Nifty 50 index.
Bank Nifty’s near support is ~55,500; resistance around 56,000-56,250.
Volatility (India VIX) has moved up, reflecting heightened uncertainty.
Break above resistance could extend gains toward 26,000 for Nifty; fall below support may trigger downside.
Investors are cautious — entry timing and stop losses are being emphasised.
Global cues like Fed minutes, dollar & bond yields will influence direction.
Domestic policy signals (GST cuts, reform announcements) also in focus as triggers.
Stocks with strong technicals (Adani, Kotak, etc.) are being preferred for trading.
Sectors such as financials, infrastructure, energy likely to lead if momentum builds.
Overall, market setup suggests range-trading until clear directional catalysts emerge.