On Thursday, the Nifty index opened lower due to rising global crude oil prices, impacting market sentiment across Asia. However, Dharmesh Shah (AVP Technical Analyst at ICICI Direct) reassures investors that this dip is a normal market correction following a significant rise from 22,200 to 24,600. He identifies 23,400 to 23,500 as crucial support levels that are likely to hold during this corrective phase. Shah anticipates the Nifty will consolidate between 23,500 and 24,500 before breaking out towards a target of 24,800 as crude prices stabilize. He encourages investors to view any dips towards 23,600 to 24,400 as buying opportunities rather than reasons for concern. Shah highlights telecom, metals, and capital goods as sectors that are outperforming the broader market during this correction. His top stock pick is Bharti Airtel, which has corrected 18% over four months, with a target price of ₹2,030 and a stop loss at ₹1,790. He also expresses optimism for Jindal Stainless Steel and JSW Steel, indicating a constructive medium-term outlook for the metals sector.