With the Union Budget 2025 set for February 1, the Sensex saw a volatile week, closing 329.92 points down at 76,190.46. Traders are advised to adopt a cautious, stock-specific approach as critical support and resistance levels indicate potential for both recovery and further declines.

In the next week, it is believed that Indian stocks consolidation phase is in the final stage, with resilience of large-cap stocks indicating a positive sign. Investors are guided to remain patient and adopt a accumulating strategy.

Indian benchmark indices Nifty 50, Sensex, and Nifty Bank stable, but downtrend intact; potential reversal ahead of Union Budget.