Banking, defence could lead next market rally as Nifty eyes 25,000: Rohit Srivastava (opens original article in a new tab)

Indian equity markets may rally further with Nifty targeting 25,000 if support levels hold, driven by banking and defence sectors. Bank Nifty could reach 61,000 while defence index may rise to 10,700-10,800.

• Nifty aims for 25,000 if it holds 23,800 support
• Banking and defence sectors are potential outperformers
• Bank Nifty targets 61,000 with support at 59,956
• Defence index expected to rise to 10,700-10,800