Currently, Bank Nifty is trading at 51,600. In some time, we could see Nifty reaching levels of 54,000 in about one month, so we maintain positive bias with stop loss of 49,000.
Retail investors now the smart money, HNIs more prone to panic: Sandeep Tandon
Quant Mutual Fund’s CIO, Sandeep Tandon, anticipates India’s PE multiple to remain elevated until 2047, driven by a demographic peak and a shift in investor