Nifty soars 2.8% this week: What lies ahead for Dalal Street? - Experts decode 5 triggers, key levels for next week

What happened: Indian equities rebounded this week, with the Nifty 50 up 2.77% and the Sensex up 3.11%, helped by buying in IT stocks, easing global bond-yield pressure and domestic institutional inflows. Both benchmarks rose for a second straight session on Friday. Key numbers: Sensex closed at 74,729.27, up 413.66 points or 0.56%. Why it matters: Experts say the recovery depends on earnings broadening beyond IT into financials, consumption and industrials, and on foreign selling easing further. They favour selective stock picking and staggered buying over chasing rallies.

Indian equities rebounded this week, with the Nifty 50 up 2.77% and the Sensex up 3.11%, helped by buying in IT stocks, easing global bond-yield pressure and domestic institutional inflows. Both benchmarks rose for a second straight session on Friday.

Experts say the recovery depends on earnings broadening beyond IT into financials, consumption and industrials, and on foreign selling easing further. They favour selective stock picking and staggered buying over chasing rallies.