Equity markets may remain range-bound in the near term as the Nifty continues to face stiff resistance in the 26,100–26,300 zone, says Ashish Chaturmohta , Managing Director & Fund Manager, Apex PMS, JM Financial Ltd.

In an interview with Ritik Raj of Business Today , Chaturmohta said that the RBI’s upcoming policy decision will play a pivotal role in shaping equity valuations and sector performance. Advertisement

Chaturmohta said a rate cut from the current 5.50 per cent repo rate would ease systemic liquidity, reduce borrowing costs, and stimulate credit demand, with consumer durables, autos, housing, and NBFCs standing to gain the most.

Do you expect Nifty to break out above 26,500 by year-end, or will profit-booking and liquidity constraints keep it capped? What technical and

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