2 outlets▼ Negative
Sensex rebounds a day after crash, Nifty above 23,050. Where is D-Street headed?
BSE is in focus.
25 Sept 2026 · Economic Times Markets, ET Stocks
Nifty’s short-term structure has weakened significantly after the break below the previous seven-day lows and the 23,070 swing-low zone, accompanied by rising volumes, said Hitesh Tailor, Technical Research Analyst at Choice Broking Private. He sees the benchmark index finding immediate support at 22,800–23,000, while resistance is seen at 23,250–23,300.
The analysis
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- This is a market-wide development — its reach goes beyond any single stock.
- The immediate tone of coverage reads negative.