Will Nifty surpass its 25,011 lifetime high?

Nifty’s first weekly gain this month ended its consolidation phase. Trent, part of the Tata Group, outperformed by doubling its share value this year. Meanwhile, automakers are struggling with inventory surpluses, and the Reserve Bank of India’s ongoing bond sales continue. Defense firms and state-run lenders also saw notable declines this quarter. Shares of defense firms and state-run lenders have reversed course this quarter after leading the broader market rally earlier in the year.