Nifty hits 1-month low, Bank Nifty 2-week low; selling pressure may intensify

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Moneycontrol•10-12-2025, 16:51
Nifty hits 1-month low, Bank Nifty 2-week low; selling pressure may intensify
- •Nifty 50 hit a one-month low, closing at 25,758, and remained below short-term moving averages for the third consecutive session.
- •If Nifty breaks below 25,700, selling pressure may intensify, potentially dragging the index to 25,500–25,400.
- •Nifty faces resistance in the 25,950–26,000 range, according to experts and weekly options data.
- •Bank Nifty dropped to an over 2-week low, closing at 58,960, and is below its short-term moving averages.
- •Bank Nifty has immediate support at 58,750–58,775, with resistance near 59,300.
Why It Matters: Nifty's fall to a 1-month low suggests increased market risk for investors.
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