As expected, Nifty has risen breaking above 25,300 and the Nifty bank index has risen to 57,300. The move in the benchmark indices is happening in line with our expectation. That keeps our overall bullish view intact. We can expect the Nifty and the Nifty bank index to rise further in the coming weeks.

Nifty can rise to 26,100-26,200. Support is at 25,300.

Nifty bank index on the other hand can rise to 58,400 or 59,100 on a break above the immediate resistance at 57,500.

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Published on June 28, 2025