Market Volatility Expected Until Budget: 'Buy on Dips, Sell on Rallies' Strategy Advised

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Moneycontrol•13-01-2026, 13:45
Market Volatility Expected Until Budget: 'Buy on Dips, Sell on Rallies' Strategy Advised
- •Sensex-Nifty trading flat, with media, metal, and PSU bank shares showing momentum.
- •Nifty faces pressure from RIL, L&T, BHARTI, M&M, while Bank Nifty rises 200 points.
- •Realty and pharma shares are under pressure; capital market shares like Angel One, BSE, MCX gain.
- •Eternal surges 3% on increased foreign investment limit (20% to 26%) and potential MSCI weightage double.
- •Nifty's crucial support at 25,700; short-term range 26,000-25,500. VIX expected to rise to 13 by Budget day.
Why It Matters: Market volatility will persist until the budget; 'buy on dips, sell on rallies' is the recommended strategy.
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