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Indian equities in Monday's trade (May 19, 2025) traded weak by a tad after hefty gains in the previous week with the Nifty50 testing 25,000 levels. Now as Nifty50 is just 5% away from all-time high hit in September last year, here's Zee Business Anil Singhvi's view on next Nifty50 targets.

Anil Singhvi on the current nature of the markets said, "Markets are showing breakout on one day and trading tepid the next day." He added that after a big breakout on Thursday, Indian equities traded on a moderate note in Friday's session.

For now, Singhvi iterated that the support level for Nifty50 has been pushed higher to 24500-24675. First small resistance or target for the Nifty50 index is placed at 25,200-25,275, while above it targets are at 25625-25800- meaning gains of up to 3 per cent.

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