DNN 
The Nifty 50 index surged to a fresh high of 25,611.95 before closing at 25,415.80, up by 38.25 points (+0.15%). Despite the new peak, profit booking in several key stocks led to a pullback from the day’s highs. The intraday fluctuation reflects market participants locking in gains after the recent bullish momentum.
Key technical levels showed a 0.15% uptick in Nifty 50, signaling mixed sentiment with a positive bias. Analysts attribute the late-session dip to traders booking profits, taking advantage of the recent gains across sectors.
Nifty Rally Poised to Continue, Indicate Market Signals
Market indicators suggest that the Nifty 50’s rally is likely to persist, following its recent upward momentum. Despite closing at 25,415.80, slightly below its intraday high of 25,611.95, technical signals point to a continued bullish trend.
The market’s resilience, even after mild profit booking, underscores strong buying interest. Analysts believe that with key indicators remaining positive, the Nifty 50 is well-positioned for further gains in the near term. Investors are advised to watch for sustained upward movement as the rally continues.
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