Stock market outlook: Nifty slips 0.53% for the week; further consolidation expected

The Nifty experienced a mild correction this week, consolidating within a downward pattern and closing negative despite a Federal Reserve rate cut. The index faces resistance near recent peaks, with key levels at 26,200 and …

The Nifty experienced a mild correction this week, consolidating within a downward pattern and closing negative despite a Federal Reserve rate cut. The index faces resistance near recent peaks, with key levels at 26,200 and 26,300. A cautious approach is advised until a breakout above this resistance is confirmed.

Retail inflation may reduce by 35 basis points in FY25-26; driven by GST reforms: Report

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