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Nifty hits 25,309, breaking crucial resistance zone
Nifty crosses key resistance, signaling sustained uptrend with broad sectoral support.
The Nifty 50 decisively breached the 25,200 resistance level, ending 0.51% higher at 25,309 on October 10, signaling strong bullish momentum. Technical charts indicate robust buying interest, with key support zones around 25,000 holding firm. Both private and PSU banks led the rally, contributing to broad-based market strength. Analysts said sustained institutional inflows and improving earnings visibility could propel the index toward new highs in the near term.