In an interview, Shrikant Chouhan (head of equity research at Kotak Securities) emphasized that for the Nifty 50 index to remain above 25,000, crude oil prices must decrease to around $70–75 per barrel. He noted that while the market may have passed its worst phase, ongoing geopolitical uncertainties could hinder growth. Chouhan advocates for a buy-on-dips strategy focused on large-cap companies, which are better equipped to handle volatility. He highlighted sectors such as BFSI (Banking, Financial Services, and Insurance), capital goods, and power generation as defensive growth areas. Although the IT sector faces structural challenges, it could rebound as developed markets recover. The Bank Nifty has shown resilience, moving from 50,000 to nearly 57,000, with potential to reach 60,000 if supported by positive market conditions. Investors are advised to remain selective, particularly in mid and small-cap stocks, which have seen significant corrections but may still be volatile due to external uncertainties.