New Delhi, Dec. 5 -- Jimeet Modi, Founder & CEO of SAMCO Group expects Nifty to remain largely range-bound, projecting movement of ±500 points from 26,200 by December-end and an expanded range of ±1,000 points by March 2026. In an interview with LiveMint, he notes that broader market direction will depend on a meaningful catalyst, such as stronger sales and earnings growth across key sectors, while upcoming events like the Union Budget may offer cues early next year. For near-term stability, he suggests a tilt toward large caps, whereas long-term investors can continue accumulating quality small caps on declines, given their tendency to deliver returns over a 5-7 year cycle. Edited Excerpts -

India needs a rate cut now because ...