This RBI rate cut is not a response to stress it is a calculated vote of confidence in India’s growth engine. The combination of a 25 bps cut, Rs.1 lakh crore of OMO liquidity and a $5 billion USD/INR swap clearly signals that liquidity will remain ample and growth will stay protected. With inflation anchored near 2%, core pressures easing and bond yields softening, the cost of capital is now structurally supportive for both businesses and consumers.

Nifty 50 closed near 26,200, firmly holding above the 26,000 psychological mark. Strong support remains intact in the 26,000–26,100 band, which continues to act as the immediate demand base.

However, the index is still facing supply near the 26,250–26,300 resistance zone, where profit-booking is visible. A sustained closing above 26,300 is

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