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F&O Talk | RBI's 25 bps cut lifts Nifty, but weekly charts show negative closing: Sudeep Shah

Nifty hit a new high before a brief pullback, finding support at its 20-day EMA. Heavyweight sectors like banking and IT are driving resilience, while small-caps lag. Analysts expect Nifty to target 2635026500, with Bank Nifty also poised for further upside.