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NIFTY

* Nifty traded with high volatility and lost over half a percent after two consecutive sessions of rebound.

* Banks—especially PSUs—along with realty and pharma, ended with marginal gains, while FMCG, IT, and auto sectors witnessed profit-booking.

* However, sustained strength in the banking and financial sectors is crucial for the Nifty to overcome the 25,200 hurdle and regain upward momentum.

* In the meantime, traders should adopt a "buy on dips" strategy with a strong emphasis on stock selection.

BANK NIFTY

* The banking index witnessed volatile session and ended almost flat with marginal profit booking.

* Recent sessions have shown resilience, with intraday dips attracting buying interest.

* The index is forming a strong base, indicating accumulation and setting the stage for a potential bullish continuation.

* Given this setup, a buy-on-dips strategy is advisable—particularly in PSU banks, which remain well-positioned for further gains.

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