F&O Talk| Despite recession fears, Nifty rallies sharply. Bullish momentum likely to continue: Sudeep Shah of SBI Securities

April 19, 2025

Despite recession fears, Indian markets rebounded strongly, with the Nifty and Sensex closing near weekly highs. Realty, banking, and financials led the gains, supported by bullish technical indicators. Analyst Sudeep Shah anticipates further upside for Nifty and Bank Nifty, driven by positive FII activity and strong sectoral performance in private and PSU banks.

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