The Nifty index experienced a corrective session on Wednesday, closing at 24,378.10, down 0.81% due to weak global cues and sector-specific pressures, particularly in IT stocks following a poor outlook from HCL Technologies. Despite this, Ajit Mishra, SVP of research at Religare Broking, maintains a positive bias for the Nifty, with support expected around the 24,000-24,200 range. He emphasizes the importance of monitoring sectors such as metals, energy, railways, and defense for potential opportunities. Mishra recommends three stocks for purchase: Federal Bank Limited, which has shown strong recovery and demand; NTPC Limited, a standout in the power sector; and JSW Energy Limited, which is emerging from a consolidation phase. Each stock is positioned for potential gains, reflecting a constructive price structure and favorable sector momentum.