F&O Talk | Nifty marks 9th year of gains, depends on sustenance above 24,500 for major reversal: Sudeep Shah of SBI Securities

Auto sales numbers led to buying activity in auto shares last week, resulting in a 0.8% gain for Nifty and a 0.6% fall for Bank Nifty. Most sectoral indices closed positively. Analysts discuss market trends, outlook and index strategies. Notable movements in derivative segments and financial markets were also highlighted. Mixed activity reported for sectors like IT.