Rajesh Palviya from Axis Securities anticipates Nifty potentially reaching 25,000, fueled by positive market sentiment and Prime Minister’s announcement. He highlights the shift in put-call ratios and strong performance in midcap, smallcap, and sectors like automobile and oil & gas. Palviya recommends Mahindra & Mahindra with a target of 3,480 and Avenue Supermarts (DMart) with a target of 4,730.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend