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Nifty set for tight 23500 to 24800 range as oil and war fears linger

Economy
Published on 4 May 2026
Nifty set for tight 23500 to 24800 range as oil and war fears linger

Analysts see a mildly positive tilt despite

Nifty is expected to hover in a narrow 23,500–24,800 band as geopolitical tensions and elevated oil prices continue to weigh on sentiment. Despite the uncertainty, analysts are calling for a mildly positive bias and are pointing to specific trading strategies and stock picks, including ITC and Tube Investments, as possible gain opportunities.

  • Nifty likely to stay within 23,500–24,800 amid oil and war uncertainty
  • Geopolitical risk is driving volatility but not a clear breakout
  • Analysts expect a mildly positive market bias despite pressure
  • Stock ideas spotlight ITC and Tube Investments for upside
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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