Nifty closing above 25,150 indicates a breakout (Social Media)
Business Updates: The Nifty 50 closed with a slight gain for the week of September 15-19, 2025. The Nifty surged to 25,423.60 midweek but closed around 25,300 at the end of the week. The US Fed's 0.25% interest rate cut and expectations on India-US trade relations supported this rally.
The Sensex also performed well, closing at 82,800, up nearly 1%. Midcap and smallcap stocks gained 0.6% and 0.3%, respectively. Auto, realty, and PSU bank stocks led the market rally, while FMCG and metal stocks remained weak.
According to Jigar S. Patel, Senior Manager at Anand Rathi Group, technically, the Nifty closing above 25,150 indicates a breakout. A strong base near 24,400 has kept the trend positive. The next hurdle for Nifty is at 25,500-25,650. Crossing this level could open the way to new highs. The 25,150-25,000 level currently serves as a key support.
Bank Nifty also performed well during the week. It closed above 55,000 with a gain of over 1%. Support is at 55,000-54,500, and resistance remains near 56,000. Banking stocks are showing strength due to consistent breakouts.
Analysts believe that if Nifty and Bank Nifty maintain their support and resistance levels, the market is likely to remain positive next week. Investors are advised to focus on the midcap and auto sectors.
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