23 Oct 2025 | 5 Mins Read

Nifty may consolidate before breaking 26,100 barrier

Flipitmoney

The Nifty 50 opened above 26,000 and hit a high of 26,104 but failed to sustain due to profit booking, closing 23 points up at 25,891. Experts note that clearing the 25,900-26,100 zone is crucial for a resume of the upward move toward 26,277. Key support levels are 25,700 and 25,500, while the Bank Nifty fell 71 points to close at 58,078 amid concerns over US sanctions on Russian oil.