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Nifty soars, but thrill is missing
Financial Express Ahmedabad
|December 01, 2025
TECHNICAL ANALYSIS
THE MARKETS CLIMBED the wall of worries and scaled fresh all-time highs last week, as anticipated earlier.
The Nifty hit a new intraday peak of 26,310 on Thursday, surpassing the previous high of 26,277 set on September 27, 2024 some 14 months ago. The index closed the week 0.52% higher at 26,202, marking its third consecutive weekly gain.
Adding to the cheer, India's real GDP growth data released on Friday after market hours came in at a robust 8.2% for Q2, beating both Q1's 7.8% and market expectations of 7.4%. The numbers reaffirm India's position as the world's fastest-growing major economy and further buoyed sentiment in large caps.
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