Traders expect sideways movement in benchmark index as cues remain mixed

Analysts anticipate further consolidation in the Nifty as investors weigh global cues, institutional flows, and domestic data, with range-bound trading expected before a clearer directional trend develops in the coming sessions.

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Traders expect sideways movement in benchmark index as cues remain mixed

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Traders expect sideways movement in benchmark index as cues remain mixed
Analysts anticipate further consolidation in the Nifty as investors weigh global cues, institutional flows, and domestic data, with range-bound trading expected before a clearer directional trend develops in the coming sessions.
Market participants expect the Nifty to remain in a consolidation phase in the near term as investors assess mixed global signals, domestic macro indicators, and upcoming data releases. Analysts say the index may trade within a defined range as buying interest at lower levels offsets profit-taking near resistance zones. Stock-specific action is likely to continue, with attention on sector rotation and institutional flows before the next decisive directional move emerges.
Sentinel