Nifty crosses 25K five times in eight sessions but fails to hold. Bullish burst or just mood swings?
[hfe_template id='11223']
[ad_1]
India’s benchmark Nifty jumped 230 points on Monday, driven by a strong mix of positive triggers, and briefly crossed the 25,000 mark for the fifth time in eight sessions. However, the bulls have struggled to sustain momentum, with the index managing to close above this key level on only three occasions in 2025. Can they reclaim momentum and sustain above this key level? Here’s what you need to know. The Nifty bulls extended their Friday rally into Monday, pushing the index past the 25,000 mark, driven by a mix of supportive global and domestic triggers. While the index ended with strong gains, climbing 148 points or 0.6%, the closing of 25,001 just on the mark. On the global front, sentiment improved after U.S. President Donald Trump postponed the 50% tariff deadline on the European Union to July 9 from the earlier date of June 1. Domestically, the rupee strengthened past the 85-per-dollar level for the first time in two weeks, building ...