The Nifty index is expected to consolidate within the 23,800 to 24,400 range, with potential upside towards 25,000. Strong support is noted at 23,800. Analysts suggest long-term investors accumulate quality stocks in banking, IT, and realty sectors, while also considering large-cap and midcap stocks for potential gains.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and