Nifty, Bank Nifty: Market Trades with Slight Gains; Key Strategies for Investors

• Indian indices opened with gains despite mixed global cues, with Nifty trading around 25700 and Sensex up by 0.19%.
• Infosys, Tech Mahindra, Shriram Finance, M&M, Grasim Industries are top Nifty gainers; Cipla, HDFC Life, ONGC, Apollo Hospitals, Bharti Airtel are top losers.
• Virendra Kumar of CNBC-Awaaz suggests a 'selling on rallies' strategy for Nifty, with major resistance at 25859-25876/25946 and a base at 25581-25612.
• FIIs show heavy selling in cash and increased shorts; Nifty's low has touched 100DEMA in recent sessions, aligning with 25600 put writers' zone.
• Bank Nifty's strategy involves buying on dips at Base-1 (59277-59409) and exiting long positions at Resistance-1 (59818-59915), with 60087 being a decisive level.

Why It Matters: Despite slight gains, market experts advise caution, suggesting 'selling on rallies' for Nifty and 'buying on dips' for Bank Nifty.