Dalal Street Week Ahead: Selective buying favoured as Nifty remains rangebound
- Posted on August 22, 2026
- By Business News Today
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- 1 min read
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Dalal Street Week Ahead: Selective buying favoured as Nifty remains rangebound
Nifty remained range-bound, falling 0.47% to 24,252 amid subdued volatility. Resistance at 24,450–24,750 remains crucial, while 23,900–24,100 offers support. Analysts recommend selective, stock-specific positioning until a decisive breakout. PSU banks, IT, financial services and services show improving momentum, while pharma, midcaps and energy face weakening relative strength.
