Market Update: Indian Indices Face Resistance on Weekly Expiry Indian equity benchmarks concluded the weekly expiry session with marginal losses, reflecting a period of consolidation amid mixed global and domestic signals. Market sentiment remains cautious as indices struggle to maintain upward momentum, leading to increased volatility across key sectors. Technical analysts are recommending a defensive strategy, advocating for a "sell on rise" approach in the near term. The Nifty 50 faces significant psychological and technical resistance at the **26,000** mark; experts suggest that a sustained recovery is unlikely until this level is decisively reclaimed. On the downside, the **100-day Exponential Moving Average (EMA)**, currently situated near **25,600**, serves as a critical support level. A breach below this threshold could accelerate selling pressure and lead to further technical breakdowns in the broader market. The corporate earnings calendar remains a primary focus for investors. High-profile entities, including **Infosys** and **HDFC AMC**, are scheduled to report their third-quarter financial results today, which is expected to drive stock-specific action and influence overall market direction.