Nifty's Strong Comeback: Experts Predict Trajectory for January 29
Business
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Moneycontrol•28-01-2026, 18:28
Nifty's Strong Comeback: Experts Predict Trajectory for January 29
- •Nifty closed 0.66% higher at 25,342, marking its second consecutive day of gains and closing near its day's high.
- •The index saw a sharp jump of 83 points at market open and a significant rally of 171 points in the last hour of trading.
- •BEL, ONGC, and Coal India were top gainers, while Tata Consumer, Asian Paints, and Maruti faced pressure.
- •Most sectors, including Oil & Gas, Chemicals, Metals, and Media, closed in the green, with broader markets also showing strong gains.
- •Experts suggest Nifty's positive momentum may continue, with key support at 25,200 and resistance around 25,450-25,500.
Why It Matters: Nifty showed a strong recovery, closing above 25,300, with experts anticipating continued positive momentum.
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