Namaste Bhaumil Makwana

Since July 2025, the Nifty Media index has experienced a sharp decline of nearly 30%, falling from 1800 to 1250. Although we witnessed some buying interest in April 2026, heavy participation is still lacking, and the monthly chart has yet to show true strength. A monthly close above 1500 on strong volume—coupled with synchronized participation from major component stocks—will likely be required to trigger sustained buying. Furthermore, the broader market trend remains indecisive due to ongoing geopolitical tensions.

This is just my perspective, and I welcome any counterviews.