Nifty 50 recovers from Budget shock, surges over 1%. Is rally temporary or here to stay? Analysts weigh in

The Nifty 50 rebounded 263 points to close at 25,088 after a 2% drop, driven by strong auto stocks and a recovery in metal sectors. Concerns over policy uncertainty and mixed global cues keep the market cautious, with key resistance at 25,210.