Market sentiment is upbeat following the RBI’s rate cut. Dharmesh Shah of ICICI Direct anticipates Nifty reaching 25,500 soon. He expects it to challenge lifetime highs by September-October. Banking, capital goods, autos, PSUs, and metals are favored sectors. Adani Ports, ABB, and Bank of Maharashtra are top stock picks. Bank Nifty is expected to reach 61,000 in 2025.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets