Nifty Set For 24,500 Breakout As FIIs Cover Shorts And Risk On Rally Gains Momentum | Kunal Bothra

Indian equity markets are witnessing a sharp sentiment shift as FIIs begin short covering and risk-on momentum returns.
Experts expect the Nifty to rally as much as 1,500–2,000 points, with key resistance zones near 24,500 and 25,000 levels.
Banking stocks, especially private lenders, are expected to lead the next leg of the market uptrend, supported by easing crude prices and falling volatility.
Kunal Shah highlights ICICI Bank, Indigo, and autos as key trade ideas in this emerging bullish phase.

#etnow #businessnews #nifty #sensex #stockmarket #indianmarkets #banknifty #fii #shortcovering #equities #intradaytrading

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