February 25 Nifty Trade Forecast: Volatility Rises, Index Range 25,300-25,750
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Nifty Range-Bound Between 25,300-25,750 Amid Volatility; IT Sector Plunges
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CNBC TV18•24-02-2026, 20:14
Nifty Range-Bound Between 25,300-25,750 Amid Volatility; IT Sector Plunges
•Nifty closed below its 21-DMA but found support near 200-DMA at 25,330, reinforcing it as a key cushion.
•The index settled 259 points lower at 25,459, with NTPC, Coal India, and JSW Steel advancing, while Tech Mahindra, HCL Tech, and Eternal dragged.
•IT sector extended its slide to a fifth straight session, plunging nearly 5% due to AI-led disruption concerns, marking its worst monthly performance since September 2008.
•Analysts expect volatility to persist within the 25,200-25,800 band, with 25,300 acting as crucial support for a potential bounce.
•Investors are tracking US consumer confidence data and Eurozone CPI for further market cues.
