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Technically, Niftys daily chart showcases a bullish candle supported by a positive weekly candle.

Questor share tip: Market shows a long-term need and land developer has a strong competitive position

With improved infrastructure, evolving consumer behaviour and a recovering airline industry, domestic tourism sector is a compelling opportunity for portfolio inclusion, Anirudh Garg of Invasset PMS says

IRFC extended uptrend for third consecutive session with healthy bullish candlestick pattern on the daily charts and the volume remained above average for yet another session.

The Bank Nifty index, a major heavyweight, still lacks conviction, and its participation is crucial to strengthen momentum in the coming week.

Given the strong optimism, the bulls are likely to take the Nifty 50 to the 22,000-22,200 zone in near term with an immediate support at 21,800-21,700 levels, followed by crucial support at 21,500 mark, experts said.

Questor share tip: Some of the world’s best fund managers are backing Renault, despite its rocky past

Satish Ramanathan expects that in 2024, foreign institutional investors (FII) participation will improve, as also domestic institutional investors (DII) interest sustaining.

Charts are saying that Nifty is in a strong uptrend. While 22,000 stays possible, 22,500 may take some time to come by, says Milan Vaishnav.

The current market rally indicates that consensus is expecting a more than 75bps rate cut in fed funds rate, says Kedar Kadam.