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Nifty

* Nifty traded lackluster on the weekly expiry day and ended largely unchanged amid mixed cues.

* After a flat start, the Nifty moved in a narrow range throughout the session before settling at 25,080.

* Amid this backdrop, we maintain a positive view on the market but advice traders to focus on selective opportunities arising from rotational buying across sectors.

* At the same time, it is prudent to avoid aggressive positioning in the broader indices and adopt a stock-specific approach in the near term.

Bank  Nifty

* The banking index initiated the session with an upward gap but remained confined within the first-hour trading range throughout the day.

* Despite the sideways movement, overall market sentiment appears positive, supported by a sustained weekly close above 55,000.

* Except for ICICI Bank and HDFC Bank, all banking sector constituents closed lower.

* Key resistance is identified near 56,300, with immediate support at 55,500 and a secondary support level at 55,200.

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