Stock market outlook: Nifty slips 0.53% for the week; further consolidation expected

The Nifty experienced a mild correction this week, consolidating within a downward pattern and closing negative despite a Federal Reserve rate cut. The index faces resistance near recent peaks, with key levels at 26,200 and 26,300. A cautious approach is advised until a breakout above this resistance is confirmed.

Stock market outlook: Nifty slips 0.53% for the week; further consolidation expected
The Nifty experienced a mild correction this week, consolidating within a downward pattern and closing negative despite a Federal Reserve rate cut. The index faces resistance near recent peaks, with key levels at 26,200 and 26,300. A cautious approach is advised until a breakout above this resistance is confirmed.