F&O Talk| Nifty eyes further gains after crossing 25k mark: Is 25,600 the next target? Sudeep Shah weighs in

May 17, 2025

The Indian stock market rebounded strongly this week. Nifty 50 crossed 25,000, recovering previous losses. Operation Sindoor boosted market sentiment. Midcap and Smallcap indices also rose significantly. Analysts suggest Nifty may reach 25,300-25,600. Bank Nifty faces resistance at 55,700-55,800. Stock-specific trading is favored. Defense stocks are overbought. Metal sector shows bullish signs. Hyundai and BHEL are in uptrends.

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