Indian markets showed strong gains following eased geopolitical tensions. Nifty recorded significant single-day growth. Volatility decreased substantially. The uptrend is expected to continue with support at 24000. Sector rotation is anticipated, potentially shifting leadership to FMCG, Auto, and Pharma. Vigilance is advised to protect existing investments. Resistance is expected at 25175 and 25350. Support lies at 24800 and 24630.
HDFC Bank, Bharti Airtel among 10 largecap stocks with up to 35% upside potential. Check list
Brokerages remain optimistic on select largecap stocks despite rising geopolitical risks and inflation concerns. Stocks across banking, telecom, auto and infrastructure sectors offer upside potential