According to Rahul Sharma, Bank Nifty has been the frontrunner of this market rally, achieving all-time highs even before the Nifty. This leadership is expected to continue, with an immediate upside target of 58,500. Over the next few weeks, the index could climb to 60,000, driven by strong performance from major financial names including the Bajaj twins. He advises short-term traders to stay long, as a 1,500-point rally could be on the cards.