F&O Talk| Budget hopes and 22,800-23,400 range to shape Nifty’s direction: Mehul Kothari of Anand Rathi Stock Brokers

A sell-on-rally trend drove market declines this week, with realty stocks suffering the most amid fading rate-cut hopes, weak data, and a disappointing PMI. Countering this negative sentiment, in-line IT results and nascent recovery in discretionary spending offered some support.

While the…