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Street Signs: Nifty hunts uncharted peaks, Muhurat trading moves clock
After decisively breaking through the 25,700 resistance mark, the uptrend appears set to continue, underpinned by renewed foreign inflows
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Nifty surges past key resistance as FPIs return, Sebi eases investor access, and Muhurat trading shifts to an afternoon slot for the first time since 1957.
Bull breaks chains: Nifty hunts uncharted peaks
The equity market is entering the shortened trading week on a bullish note. On Friday (October 17), the benchmark Nifty 50 closed at 25,710 — its highest level in a year. After decisively breaking through the 25,700 resistance mark, the uptrend appears set to continue, underpinned by renewed foreign inflows. “The index now trades within a broader resistance band of 25,800-26,300, and a decisive close above this range could trigger the next leg of the rally towards 26,500-27,000, potentially reaching fresh
lifetime highs in the coming week. On the downside, strong support lies around
