Expert view, Nov. 27 -- Rohit Srivastava, founder and market strategist at Indiacharts.com, believes the Nifty 50 can easily reach 26,800 by year-end. Positive news flows from the US Fed and RBI rate cuts, as well as an India-US trade deal, may drive the index to 27,500 by the end of 2025. In an interview with Mint, Srivastava shared his views on the Indian stock market and sectors he is positive about. Here are the edited excerpts of the interview:
November saw a lot of volatility due to global markets, but that should be behind us. Improving earnings picture and expectations of interest rate cuts are going to pave the way ahead for further gains in December.
Weekly and daily momentum indicators remain bullish, and the market is making...
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