Nifty technical levels and key sectors analyzed by Choice Broking

Choice Broking technical analyst Hitesh Tailor stated that market volatility will likely persist in the near term amid global cues, oil prices, and foreign fund movements.

From a technical standpoint, Nifty needs to reclaim and sustain above the 23,500–23,600 zone for a stronger recovery, with 23,000–22,800 acting as a key support band.

Tailor highlighted Pharma & Healthcare, Metals, and Consumer Durables as sectors showing technical opportunities in the current market environment.