positive
Recently
Sensex, Nifty Seen Consolidating Higher Amid AI Driven Optimism
Analysts expect Sensex and Nifty to consolidate higher, supported by AI optimism and sector rotation.
Indian benchmark indices may consolidate with a positive bias as improving earnings momentum and artificial intelligence optimism support investor sentiment. Brokerages highlight selective buying in IT and financial stocks, reflecting visible sector rotation. However, global uncertainties including commodity fluctuations and geopolitical developments keep traders cautious. Analysts believe sustained institutional inflows and stable macro indicators could provide incremental upside for the Sensex and Nifty.