Ponmudi R sees the 25,600–25,650 zone as a strong resistance cluster, suggesting that a breakout above 25,650 is needed to trigger short covering and push gains toward the 25,800–26,000 region.

Sensex settled the day at 82,225.92, down 1,068.74 points or 1.28 per cent. Nifty fell to a low of 25,327.60, before recovering and closing at 25,424.65, still down 288.35 points or 1.12 per cent.

The Nifty 50 may see consolidation as long as it trades below 25,750, with support placed at 25,600–25,500. Climbing and sustaining above 25,750 could open the door for a sharp rally.

Gift Nifty futures were trading at 25,671.5 at 8:00 am. This suggests that the benchmark Nifty 50 may open above Tuesday's closing level of 25,424.65.

Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi shares his strategy for the coming session on Dalal Street. Learn more about his views on key support and resistance ...

Nifty Next 50 (66,260.55) has been in downtrend for the past few weeks. After a sharp slide, we expect a technical pull back. While this may be short-lived, it provides potential trading opportunities ...

Biggest Nifty losers included Interglobe Aviation, M&M, Bharat Electronics, UltraTech Cement and Trent, while gainers were Dr Reddy's Laboratories, ONGC, HDFC Life and Hindalco Industries. All the ...