IGI Logo

Nifty ended the previous session at 24,650, slipping 73 points. On the daily chart, the index formed a bearish candle, but price action remained confined within the prior session’s high-low range, reflecting a lack of clear directional momentum.

Bank Nifty closed at 55,360, down 259 points. The index formed a small bearish candle with wicks on both ends, highlighting elevated intraday volatility and market indecision over the near-term direction.

Our trend score analysis indicates a bearish outlook for both the Nifty and Bank Nifty benchmarks.

Please refer to the enclosed market report for a breakdown of pivot levels, key metrics, and the session's top gainers and losers.

NIFTY

Daily Pivots

BANK NIFTY

Daily Pivots

For More Axis Securities Disclaimer https://simplehai.axisdirect.in/disclaimer-home

SEBI Registration number is INZ000161633