The firm said a longer period of higher interest rates, lack of buffers, the risk of monsoon, and stagnant economic growth are the factors that could cap Nifty upside at 18,000-18,500.
FIIs cut stake in 10 smallcap stocks for 3 consecutive quarters; shares fall up to 70% in CY26
FIIs reduced stakes in 235 BSE smallcap companies for three consecutive quarters. Nine stocks suffered 50–70% declines in CY26, highlighting sustained foreign investor selling and