Higher bottoms suggest limited downside for Nifty: Rohit Srivastava

January 7, 2026

Despite headline index weakness, underlying market structure shows improvement with successive higher bottoms forming. Rohit Srivastava notes heavy sectoral rotation, with banking, metals, and autos showing strength. He favors second-line private lenders over large banks for better momentum.

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Sumitomo Chemical shares soar 11%, record biggest single-day surge in nearly 2 years. Here’s why

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