Buy or sell stocks, Feb. 26 -- Benchmark indices - the Sensex and the Nifty 50 - closed higher on Wednesday, February 25, supported by upbeat global cues. The Sensex ended at 82,276.07, gaining 50 points, or 0.06%, while the Nifty 50 settled 58 points, or 0.23%, higher at 25,482.50.
On Wednesday, Nifty 50 witnessed a cautious recovery after recent weakness, with the index attempting to stabilize near key short-term levels.
According to Sumeet Bagadia, Executive Director at Choice Broking, the index faced immediate supply near the previous day's high and the 50-day EMA, indicating overhead resistance and continued profit-booking at higher levels.
"Immediate support is placed around 25,300-25,350, where buying interest and defensive posi...
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