Rajesh Palviya of Axis Securities sees potential Bank Nifty breakout above 55,800. This could lead to new highs, fueled by PSU bank accumulation. Nifty and Bank Nifty rollovers are high. A Nifty breakout above 24,900 could trigger a rally to 25,200. BSE, IndiGo, and Bharti Hexacom are strong. BSE could reach 2800-2900. IndiGo may hit new highs above 5400-5450.
Sectoral churn here to stay, focus on consumer-centric themes: Hari Shyamsunder
Franklin Templeton India’s Hari Shyamsunder suggests a range-bound market, noting India’s rally alongside global markets. While large-cap valuations are stretched, mid and small-caps offer growth