trading outlook

Budget Disappointment Weighs on Banks; Bank Nifty Breaks Consolidation, Bias Turns Cautious

Market Recap: Banks Lead Budget-Day Sell-OffBanking stocks faced intense selling pressure on Budget Day, with Nifty Bank sliding 2% to close at 58,417.20, down 1,193 points. The index remained highly volatile throughout the session, touching an intraday high of 59,865.70 before slipping sharply t...

Nifty 50 at Record High, but Market Breadth Signals Caution: What the Data Really Shows

The Nifty 50 continues to scale new lifetime highs, reinforcing surface optimism. However, a closer look at market breadth tells a very different story, one marked by divergence, narrow leadership, and weakening participation across several sectors. While headline indices remain strong, the marke...