New Delhi, Dec. 5 -- Rajesh Palviya, SVP - Research, Axis Securities, is positive about the Indian stock market and believes that as long as the Nifty 50 holds above the 25,700-25,900 band, the prevailing directional bias will remain positive. For Bank Nifty, key support zones for any intraday or short-term pullbacks lie at 59,000 to 58,700, says Palviya. For the mid and small-cap segments, he says recent volatility is more like a healthy consolidation than the start of a deeper correction. In an interview with Mint, Palviya shared his views on market structure, sectors, as well as stocks he finds poised for upside. Here are edited excerpts of the interview:

The Nifty index continues to demonstrate a strong bullish trend, trading well ab...