From a technical standpoint, Om Mehra of SAMCO Securities suggested that if the upward momentum persists, the Nifty50 could potentially reach 22,750 and even surpass its all-time high of 22,794.70. Similarly, Khemka expects overall positive market sentiment to continue.

Market and banking expert Ajay Bagga commented on the day's performance, stating, "It was a weak day yet again for Indian bourses, marked with enhanced volatility and continued FII selling. The net sales by FIIs in the secondary market in April has continued in May as well."