Overview
- On May 20, 2025, the Sensex opened at 82,288.98, down 41.61 points, while the Nifty rose slightly to 25,043.25, up 23.45 points.
- Analysts predict tight trading ranges, with Nifty resistance at 25,100 and support at 24,665 and 24,400; Bank Nifty support at 54,400 could lead to a retest of 56,000 if held.
- Investor focus has shifted toward Q4 earnings from major companies such as ONGC, ITC, Hindalco, JSW Steel, and Power Grid, which could influence market sentiment.
- Strong foreign institutional investment inflows in recent weeks continue to support market optimism, despite global economic headwinds like weak Chinese retail growth.
- Experts recommend stock-specific strategies, particularly in mid-cap and small-cap segments, with bullish technical patterns identified in stocks like Medplus Health and Ideaforge.