Nifty faces resistance below 26,000; PSU banks and metals offer better risk-reward, says Gautam Shah

Indian markets remain range-bound below 26,000, but key support at 25,450 could trigger a rebound, says Gautam Shah, Founder of Goldilocks Global Research. PSU banks and metals offer better risk-reward amid fair valuations, while FMCG and IT stocks remain expensive. Selective, concentrated investing is key as markets await budget-led triggers.