The Nifty50 and the Sensex ended on a mixed note on Friday. The NSE Nifty 50 settled at 23,346.40, higher by 75.80 points or 0.33 percent. In contrast, the BSE Sensex fell 19.63 points or 0.03 percent to settle at 74,294.96.

Market Overview

Investor sentiment was bolstered by a moderation in crude oil prices and global yields, which improved risk appetite despite ongoing geopolitical uncertainties. Positive global cues, following largely anticipated policy actions from major central banks, further supported the rebound across sectors.

Key Levels to Watch

  • The 23,180–23,150 zone is expected to act as a crucial support area.
  • A sustained breach below 23,150 could intensify selling pressure towards 23,000 levels.
  • On the upside, 23,500–23,520 is likely to act as an immediate hurdle, with a sustained move above 23,520 potentially triggering short covering and extending the pullback towards 23,650 levels.