
Indian equity markets, particularly the Nifty, are experiencing a bearish trend, having broken key support levels and moving averages. Analysts suggest further declines are possible, with the Nifty potentially testing the 25,300-25,350 range. Sentiment is expected to remain weak unless the index can decisively reclaim the 26,100 resistance level. Investors are advised to consider a sell-on-rise strategy amid persistent selling pressure and rising volatility.
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