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 today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.
May 1, 2026