Despite extending gains for a fifth straight session, Dalal Street may open lower on Friday as weak guidance from Accenture weighs on technology stocks. Analysts see 24,000 as a crucial support level for Nifty, while Bank Nifty continues to show relative strength.
The worst phase of the recent stock market correction may already be behind investors, with small-cap stocks emerging as the likely leaders of the next bull market, according to Manav Chopra, Executive Director at Nuvama Institutional Equities.