"Nifty Hits a Red Light After a Four-Week Sprint — What’s Next?"

Indian markets finally took a breather after a four-week winning streak, ending the week marginally lower at 25,722.

The week began on an upbeat note, with the index advancing through the first three sessions. However, back-to-back declines in the last two days wiped out those early gains.

Even with this mild correction, October stood out as the best month in seven months, marking the strongest performance since March.

Technically, the index appears to be losing some steam after hitting a strong resistance near 26,000. This weakness could drag it toward the 25,400–25,500 support zone, and if the weakness deepens, a slide toward 25,000 cannot be ruled out.

On the fundamental side, one key factor to watch is India’s ongoing bilateral trade negotiations with the US, which are now in their final stages — a development that could sway market sentiment in the near term.

For traders, the strategy remains clear: stay stock-specific and adopt a buy-on-dips approach, as the broader market undertone remains constructive.