Will selling pressure deepen as Nifty struggles below 25,100?
Indian equity markets remained rangebound with negative bias on Thursday with Nifty index struggling around 25,100. With Nifty locked in a narrow trading band, market experts say support at 25,000 is crucial. On the upside, recovery needs convincing move above 25,150 to 25,200. According to Bharat Sharma of Stockace Financial Services, if it breaks below 25,000, selling pressure will intensify.