US Markets Rally, Nifty Recovers: What to Expect on Friday?

• Nifty ended a three-session losing streak, closing 132 points higher at 25,289 on Thursday, staying above the crucial 25,200 level.
• US markets, including Nasdaq, S&P 500, and Dow Jones, rallied by about 1% on Thursday, nearing all-time highs due to eased tariff tensions and strong economic data.
• Experts suggest investor focus will shift to the Union Budget 2026; global cues, macroeconomic data, and Q3 results will also be key.
• Major companies like JSW Steel, Shriram Finance, BPCL, Godrej Consumer Products, Cipla, MCX, and Piramal Finance are set to announce Q3 results on Friday.
• Nifty faces resistance at 25,480-25,500, with strong support near 25,125-25,150 (200 DEMA); a decisive breakout above 25,590 is crucial for a strong rally.

Why It Matters: Nifty recovered strongly, mirroring US gains; focus shifts to Q3 results and Budget 2026 amidst ongoing market volatility.