Nifty has been on a five-week decline, facing resistance around 24,800-25,000, and may continue to experience pressure. Analysts suggest healthcare, cement, and FMCG sectors could show strength, while advising caution on IT and metal stocks. A break below 24,500 could trigger further selling, with potential support levels around 24,000-23,800.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap