Dalal Street Week Ahead: Nifty near breakout as resistance seen at 25,100; PSU banks, energy, lead sectoral momentum

  • Posted on June 7, 2025
  • By Business News Today
  • 1 Views
Dalal Street Week Ahead: Nifty near breakout as resistance seen at 25,100; PSU banks, energy, lead sectoral momentum

The Nifty showed signs of upward movement after a two-week consolidation, closing with a weekly gain of 1.02%. It faces resistance at 25,100-25,150, and a breakout is needed for a sustained uptrend. PSU Banks are expected to outperform, while IT shows bottoming-out signs. A cautiously positive approach is advised, focusing on profit protection and strong technical setups.
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