Market Rebounds: Final Hour Buying Sparks Hope for Short-Term Bottom Ahead of Budget

Business
M
Moneycontrol•27-01-2026, 18:19
Market Rebounds: Final Hour Buying Sparks Hope for Short-Term Bottom Ahead of Budget
- •Sensex and Nifty closed higher despite high volatility on monthly derivatives expiry day.
- •Nifty gained 126.75 points (0.51%) to settle at 25,175.40; Sensex rose 319.78 points (0.39%) to 81,857.48.
- •Final hour buying interest fueled speculation of a short-term market bottom before the Union Budget.
- •Analysts identify Nifty's immediate hurdle at 25,350 and support at 24,750–24,900.
- •Investors advised to adopt a selective, stock-specific approach due to mixed global cues and volatility.
Why It Matters: Final hour buying on expiry day suggests a potential short-term market bottom ahead of the Union Budget.
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