F&O Talk: Bullish Nifty charts; Sudeep Shah picks 7 stocks, outlines HDFC Bank, Sterlite Tech strategy

Nifty surged 461 points to close at 23,622.90 while Sensex jumped 1,695 points to 75,527.95, adding Rs 10 lakh crore to BSE market capitalisation. SBI Securities' Sudeep Shah highlighted a bullish technical setup with Nifty closing above its 20-day EMA and targeting 23,800-24,000 levels. Bank Nifty surged nearly 5%, breaking out of a Symmetrical Triangle pattern, with near-term targets of 57,500-58,300; the analyst also picked 7 stocks and outlined strategies for HDFC Bank and Sterlite Tech.