Nifty’s short-term trend remains bullish, with the index expected to approach the next resistance level at 24,400. Any pullbacks are likely to find support near 23,900, according to Nagaraj Shetti of HDFC Securities.
ICICI Bank, SBI among top picks which could give over 20% returns in 2025
Despite challenges in unsecured retail and microfinance segments, the banking sector’s outlook remains positive, supported by robust fundamentals and operational efficiency. Credit growth for FY25