Investors' risk appetite improves

The Nifty 50 opened with a significant gap-up and delivered a robust performance after exit polls indicated a likely NDA win in the Bihar assembly elections.

- Motilal Oswal Team

The index maintained its position above all major moving averages, with momentum indicators showing renewed strength. Buoyed by the improved sentiment, analysts foresee the index testing the 26,000-26,100 range in the near term, though minor consolidation phases may occur. Immediate support remains anchored around the 25,670-25,700 zone.