On the downside, 25,600 remains a crucial support level for Nifty 50, according to analysts. (Photo source: Freepik) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The Indian stock market will remain open for only an hour on Tuesday, for the Diwali muhurat trading between 1:45 pm and 2:45 pm. The one-hour period, which is considered auspicious, will mark the start of trading in the Hindu calendar year of Vikram Samvat 2082.
Trading during the auspicious period is often driven by sentiments rather than technicalities, according to analysts.
The NSE Nifty 50 index faces resistance at 26,000–26,300 levels, according to Ponmudi R, chief executive officer of Enrich Money. "As long as the index holds above 25,750, the bullish momentum is expected to continue," he said.
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