Rajesh Palviya of Axis Securities provides a market overview. Nifty faces resistance at 25,300, with potential downside to 25,000. Bank Nifty’s key support is 56,600. Dabur and Piramal Enterprises are promising buys. HUL shows upside potential if it sustains above 2,480. Glenmark Pharma’s rally may continue, with a target of 2,400. FMCG sector looks strong overall.
Rajesh Palviya sees Nifty rally extending this week on strong bullish momentum
Indian equity markets concluded last week with a third consecutive gain, driven by improving sentiment and sustained buying. Market expert Rajesh Palviya noted a strong