Expert view, Sept. 9 -- Rahul Ghose, the founder and CEO of Octanom Tech and Hedged.in, expects the Indian stock market to remain rangebound by Diwali 2025 unless a decisive catalyst emerges. For Nifty 50, he sees immediate resistance around 25,100, and believes a break above this could signal renewed optimism. In an interview with Mint, Ghose shared his views on the recent GST reforms, sectors he is positive about, his top stock picks from various sectors and also how a US Fed rate cut in September may impact market sentiment. Here are edited excerpts of the interview:

The near-term outlook for the Nifty 50 is cautiously consolidated. Volatility is expected as technical indicators remain mixed and sentiment is watchful.

By Diwali 2025,...