Market In Consolidation, Break Above 24,600 Key For Trend Shift
May 6, 2026·6 days ago·via The Economic Times

Indian equity markets are in a consolidation phase after a strong rally, with analysts watching the 24,600 level as a key trigger for a fresh upward trend. Gautam Shah, a market strategist, says a decisive move above that level would signal renewed bullish momentum and a shift in the broader market structure. Until then, traders are bracing for choppy price action and limited directional follow-through. Read more about this...