Nifty outlook today

Here’s the latest on the Nifty 50 outlook today: ## 📈 Market Summary & Technical Outlook * **Mid‑session recovery**: After a four-day slide, Nifty has rebounded sharply, climbing back toward **25,200**—buoyed by cooler-than-expected inflation data and hopes for a U.S.–India trade deal ([Enrich Money][1], [Goodreturns][2]). * **Key technical levels**: * **Support**: Near **24,900–25,000**, anchored by the 50‑day EMA and earlier harmonic reversal zones ([The Economic Times][3]). * **Resistance**: Between **25,300–25,400**, where a breach may signal further upside . * **Sentiment indicators**: * RSI and EMA suggest oversold conditions from last week, prompting the sharp recovery ([5paisa][4]). * Moneycontrol reports broad-based buying; mid‑ and small‑caps also gaining \~1% ([Moneycontrol][5]). * **Sector movement**: * **Pharma and auto stocks** drove gains today ([Moneycontrol][5]). * **IT remains under pressure**, continuing its underp...