Nifty headed to 24,500 next week, says Dharmesh Shah; these 2 stocks are top buys right now

Technical analyst Dharmesh Shah projects Nifty 50 heading towards 24,500 next week, with 23,800 as strong support, citing falling crude oil prices, rupee stability, and easing commodity prices as key tailwinds. Bank Nifty has broken above the critical 58,000 mark with a near-term target of 59,300, supported by returning FII interest in banking stocks. Top stock picks are Mahindra & Mahindra (target 3,400 rupees, stop loss 2,900) on auto sector strength from falling crude and post-GST demand, and Larsen & Toubro (target 4,500 rupees, stop loss 4,050) as a reversal play from geopolitical stress lows.