INDIA MARKET LENS
▲ Positive

Nifty breakout from 23,000-23,600 range to set market trend: Sachin Gupta

24 Sept 2026 · Business Standard Mkts

Among the broader indices, Sachin Gupta of Choice Broking expects Nifty Smallcap to outperform, based on the current chart setup. Among sectors, he sees relative strength in pharma and healthcare.

Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.

  • This is a market-wide development — its reach goes beyond any single stock.
  • Sector exposure: Pharma & Healthcare.
  • The immediate tone of coverage reads positive.
Pharma & Healthcare