Nifty and Sensex direction hinges on five unspecified factors next week.
Context
What happened: Sensex and Nifty extended gains for a second straight session on Friday, led by IT stocks, which rose for a fourth consecutive session, along with buying in auto, metal and PSU banking stocks.
Key numbers: IT stocks rose for a fourth consecutive session. Nifty support zone cited at 22,750 to 22,800.
Why it matters: The content states Nifty's recovery could continue as long as it holds above the 22,750 to 22,800 support zone.