Nifty 50 Technical Analysis - May 12, 2025
Current Market Overview:
Closing Price: The Nifty 50 closed at 24,924.70, up 916.70 points (+3.82%), marking its best single-day performance in four years.
Day Range: Low: 24,378.85 | High: 24,944.80
52-Week Range: Low: 21,281.45 | High: 26,277.35
Market Sentiment: The market exhibited strong bullish momentum, driven by positive global cues, including a ceasefire between India and Pakistan and optimism around US-China trade negotiations
Chart for your reference
Current Market Overview:
Closing Price: The Nifty 50 closed at 24,924.70, up 916.70 points (+3.82%), marking its best single-day performance in four years.
Day Range: Low: 24,378.85 | High: 24,944.80
52-Week Range: Low: 21,281.45 | High: 26,277.35
Market Sentiment: The market exhibited strong bullish momentum, driven by positive global cues, including a ceasefire between India and Pakistan and optimism around US-China trade negotiations
Chart for your reference
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