Market Strategy: Sustaining Above 25,650 Key for Nifty, Focus on PSU Banks, NBFCs
MMoneycontrol•23-02-2026, 09:06
Market Strategy: Sustaining Above 25,650 Key for Nifty, Focus on PSU Banks, NBFCs
- •Nifty's sustained move above 25,650 will signal a significant positive trend for the market.
- •US Supreme Court's tariff decision brings uncertainty; Trump may re-impose tariffs using Section 301.
- •Recommended strategy: Focus on strong sectors like PSU banks, NBFCs, and auto stocks.
- •Exit trapped IT positions during rallies; shorting opportunities may arise in IT sector.
- •Bank Nifty remains the strongest index; buy on dips around 61,000-61,200 with a trailing stop loss.
