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

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 Times
