Markets Pause as Nifty Consolidates; 26,100 Seen as Key Resistance

The Nifty has moved into a consolidation phase, with analysts viewing a decisive breakout above 26,100 as critical for the next directional move in Indian equity markets.

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Markets Pause as Nifty Consolidates; 26,100 Seen as Key Resistance

Markets Pause as Nifty Consolidates; 26,100 Seen as Key Resistance
Indian equity markets are entering a consolidation phase after recent gains, with technical analysts highlighting 26,100 on the Nifty as a crucial resistance level. Sustained movement above this zone could trigger the next leg of the rally, while failure may extend range-bound trade. Near-term cues include global market trends, derivatives positioning, and sector rotation, as traders adopt a cautious stance amid mixed signals.
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  • markets
  • Dalal Street