Markets may be approaching near-term exhaustion after strong rally: Rohit Srivastava

May 4, 2026

Indian stock markets are extending gains but showing signs of slowing momentum. Experts suggest the broader uptrend remains, but caution is advised. The Nifty faces key resistance around 24,300. Real estate is a standout sector, showing early signs of a turnaround after a long downtrend. Future catalysts include rate cycle changes.

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