The Sensex Nifty stock market is showing signs of a temporary cool-off, but experts believe this is just a pause before a major rally. According to Dharmesh Shah from ICICI Securities, the Nifty index could witness some consolidation in the near term, but the overall trend remains bullish. Shah forecasts that after a brief correction, Nifty could climb toward the 25,000 mark by September 2025.
Currently, Nifty is expected to find strong support between 21,900 and 22,200 levels. This phase of correction in the Sensex Nifty stock market is considered healthy, offering investors a great opportunity to accumulate quality stocks at attractive valuations.
Dharmesh Shah particularly recommends focusing on large-cap IT stocks such as Infosys, TCS, and HCL Tech. These industry leaders are expected to perform strongly once the market resumes its upward trajectory. The current dip presents an excellent chance for long-term investors to build positions in these fundamentally solid companies.
In conclusion, the Sensex Nifty stock market may experience short-term volatility, but the medium-term outlook remains highly positive. Smart investors can use this cooling-off period to accumulate large-cap IT stocks and prepare for the next leg of the rally toward 25,000.