Nifty targets 26,000 as VIX cools, Bank Nifty hits record high

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Moneycontrol•18-02-2026, 16:33
Nifty targets 26,000 as VIX cools, Bank Nifty hits record high
- •Nifty 50 broke resistance trendline, closed higher for third consecutive session, eyeing 26,000.
- •Strengthening momentum, falling VIX signal bullish sentiment for Nifty, with support at 25,700-25,650.
- •Nifty formed a bullish candle, sustained above key moving averages, and showed bullish crossovers in RSI and MACD.
- •Bank Nifty outperformed, closing at a new record high of 61,551, showing strong upward momentum.
- •India VIX cooled to 12.22, indicating reduced market volatility and comfort for bulls.
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