NIFTY Index Chart Analysis
Breakout Signals 25,300 in Sight; 24,520–24,600 Support Now Crucial
The NSE benchmark Nifty 50 index ended its three-week winning streak, falling by 1.39 per cent amid heightened geopolitical tensions between India and Pakistan. However, over the weekend, two major developments sparked a sharp turnaround. On Monday, the index rallied nearly 900 points in a single session—marking its strongest one-day gain since 2020—driven by a robust rebound in the Nifty IT index.