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The Economic Times
The Economic Times
Nandini Sanyal

Nifty holds above 24,000, but IT stocks aren't out of the woods yet: Akshay Bhagwat

The Nifty's early-week rally got a boost from favorable geopolitical developments, pushing the index past the closely watched 24,000 mark. But according to Akshay Bhagwat, Associate Director - Derivatives Research at JM Financial Services, the real question now is whether that level can hold as support — and his charts suggest it can.

Nifty's next stop: 24,600

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