Nifty gains on RBI cut; IPOs, Putin-Modi meet, technicals set next week's trade

• Nifty 50 extended gains after RBI cut the repo rate by 25 basis points to 5.25%, taking cumulative easing to 125 basis points in 2025.
• RBI also announced liquidity-boosting measures, including ₹1 lakh crore OMO purchases and a $5 billion dollar-rupee buy-sell swap.
• Banking and financial stocks led the Nifty 50 advance, while sectoral performance was mixed; five new IPOs are set to open next week.
• Market sentiment remains constructive, supported by RBI's moves, domestic inflows, and expectations of a potential US Fed rate cut.
• Nifty faces immediate resistance at 26,300 and 26,500, with crucial support around 25,950-26,000; defence stocks may be in focus.

Why It Matters: Market outlook for Nifty, IPOs, and RBI actions impacts investment decisions.