Rohit Srivastava suggests the market is holding gains with sector rotation, eyeing 25,300 on the Nifty. Key levels to watch are 24,494 for Nifty and 54,800 for Bank Nifty, with a potential breakout above 55,650 targeting 58,000-60,000. He favors NBFCs and oil marketing companies, noting better midcap earnings and a bullish outlook on pharma stocks.
US stocks: US market ends higher as Amazon soothes AI jitters
Wall Street closed higher on Friday, driven by Amazon’s strong quarterly report. The tech giant’s results eased concerns about AI infrastructure spending. Apple’s stock dropped