India's Nifty index faces resistance around 25,050, consolidating within 24,000-25,000. Options data suggests sideways movement. IT and auto sectors need to perform for a breakout. RBI rate cuts and strong GST collections could provide tailwinds. Motilal Oswal remains overweight on BFSI, consumer discretionary, industrials, healthcare, IT, and telecom. A 'buy on dips' strategy is advisable.