F&O Talk: Weak market breadth to keep Nifty in sideways trend. Sudeep Shah’s take on Amber, Tata Comm and 4 more stocks

Domestic equity benchmarks finished in the green on Friday, supported by sustained buying in financial stocks, although gains remained limited due to heavy profit booking in pharma and healthcare counters. The Nifty advanced 64.60 points, or 0.27%, to settle at 23,719.30, while the BSE Sensex climbed 231.99 points, or 0.31%, to close at 75,415.35. Meanwhile, the volatility gauge India VIX ended at 17.91, up by 0.49% from the last closing. Analyst Sudeep Shah, Vice President and Head of Technical & Derivatives Research at SBI Securities, interacted with ETMarkets regarding the outlook for the Nifty and Bank Nifty, as well as…