Morning Market View:

Nifty once again managed to hold the 26,000 mark for the second consecutive session, indicating further consolidation in the near term. The overall price structure remains healthy, with the index showing a constructive undertone during this consolidation phase. Immediate support for the day is placed around 26,000–26,050, while 26,230 and 26,250 act as key resistance levels. Bank Nifty is facing resistance near the 60,300–60,400 zone on intraday charts and is likely to continue consolidating in the short term. The trend in Bank Nifty remains relatively stronger than Nifty, with

leading the move after the recent sell-off in over the last two sessions. The broader trend remains positive as long as the index sustains above the 59,500 level on the downside.