Nifty Surges Over 600 Points, Experts Predict Further Rally Towards 26,300

• The stock market witnessed a record surge on Tuesday, with Nifty closing over 600 points higher at 25727, driven by a deal with the US.
• Nifty 50 reclaimed its long-term 200-DMA (25,250) and 100-DMA (25,630), signaling a positive technical outlook.
• Experts like Nagraj Shetty (HDFC Securities) and Nilesh Jain (Centrum Broking) anticipate Nifty to move towards 26,000 and potentially 26,300.
• The market sentiment has shifted to a 'buy on dips' strategy, with 25,600 acting as immediate support.
• Vinay Rajani (HDFC Securities) notes a 1,770-point recovery from the recent low, indicating a bullish trend reversal across all timeframes.

Why It Matters: Nifty's strong surge and technical indicators suggest a continued bullish trend, with targets up to 26,300.