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Nifty 50 regains key level as rupee recovery lifts market mood
Nifty 50 rebounded above 25,900 as rupee strength and FPI inflows improved sentiment, prompting experts to flag selective buy and sell opportunities.
Indian equities ended last week on a positive note, with the Nifty 50 snapping a four-session losing streak to close at 25,966 and reclaiming the crucial 25,900 zone. The rebound was supported by broad based sectoral buying, a sharp recovery in the rupee from record lows against the US dollar, and renewed foreign portfolio investor inflows. Market experts see improving risk appetite, with domestic liquidity cushioning downside risks and selective stock opportunities emerging.