Dalal Street Week Ahead: Traders advised to stay cautious, prefer low-beta stocks as Nifty nears resistance

  • Posted on May 3, 2025
  • By Business News Today
  • 2 Views
Dalal Street Week Ahead: Traders advised to stay cautious, prefer low-beta stocks as Nifty nears resistance

Despite geopolitical tensions, the markets closed the week positively, with the Nifty consolidating above its 200-DMA. Volatility increased, and the index saw a weekly gain. Caution is advised for the coming week, focusing on low-beta stocks and sectors poised for fresh moves, as the index faces key resistance levels. Relative Rotation Graphs indicate varied sector performance against the broader markets.
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