Sensex, Nifty Live Updates on 20 February 2025: India’s benchmark indices, Sensex and Nifty, are all set to open slightly lower on Thursday, tracking mixed global cues. While Wall Street extended its rally, Asian markets traded in the red. However, analysts believe that the market will remain in consolidation with value buying in midcaps and smallcaps. This presents a great opportunity for investors to accumulate quality stocks gradually.
Osho Krishnan of Angel One has noted a trend of buying on dips and advises investors to take advantage of this strategy. He believes that this is a good time to invest in quality stocks as they are available at a lower price. This will not only help in mitigating risks but also provide good returns in the long run.
The Nifty at 22,910 signals a weak start, down 50 points. However, Mandar Bhojane of Choice Broking expects stock-specific action in the market. This means that there will be opportunities for investors to make profits by investing in specific stocks. On the other hand, derivatives trading indicates a narrow range, which means that the market is expected to trade within a specific range.
Dhupesh Dhameja of SAMCO Securities has highlighted a mildly bearish sentiment in the market. This means that there is a cautious approach among investors, but it is not a cause for concern. The market has strong resistance at 23,500 (1.22 crore call contracts) and firm support at 22,500 (88.68 lakh put contracts). This indicates that the market is expected to trade within this range for the time being.
In such a scenario, a ‘Buy on Dips’ strategy remains favorable. This means that investors should take advantage of any dips in the market to buy quality stocks. This strategy has proven to be successful in the past and is expected to yield good results in the current market conditions as well. Immediate resistance is at 23,200, with key support at 22,800. A breakout beyond this range will determine the next trend in the market.
It is important to note that the market is constantly evolving and it is difficult to predict its movements with certainty. However, with the right strategy and a long-term approach, investors can make the most out of the market fluctuations. The current market conditions present a great opportunity for investors to enter the market or add to their existing portfolio.
In conclusion, while the Sensex and Nifty are expected to open slightly lower on Thursday, there are still plenty of opportunities for investors to make profits. With a ‘Buy on Dips’ strategy and a focus on quality stocks, investors can navigate through the uncertainties and make the most out of the market movements. The key is to remain patient and have a long-term perspective. Let us stay positive and make the most out of the opportunities presented by the market.
