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Nifty closed at 25,942 in the previous session, down 100 points. On the daily chart, the index formed a sizable bearish candlestick and closed below the 20-day SMA, indicating a continuation of near-term weakness.

Bank Nifty settled at 58,932, slipping 79 points. The daily chart shows a small bearish candle with shadows on both sides, reflecting short-term indecision among market participants regarding the index’s direction.

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

Please review the enclosed market report for a comprehensive overview, including a breakdown ofpivot levels, key metrics, and the session's top gainers and decliners.

NIFTY

Daily Pivots

BANK NIFTY

Daily Pivots

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