JM Financial Services’ Rahul Sharma maintains a positive outlook on Indian indices, citing recent breakouts in Nifty and Bank Nifty. Nifty is projected to reach 25,800, while Bank Nifty targets 58,500, potentially hitting 60,000 by July-end. Reliance Industries and Hindalco are top stock picks, with upside potential.
Nifty megacaps are going nowhere. Why Samco CIO Umesh Mehta put 75% of his flexicap fund beyond largecaps
Mutual Fund CIO Umesh Mehta says Nifty mega caps may remain subdued as institutional ownership limits fresh buying and earnings momentum shifts towards mid- and