Geojit Investments’ Anand James suggests Nifty’s pause is temporary, anticipating a rebound towards 25,200 if it holds above 24,850. He cautions a fall below 24,740 could trigger a deeper decline. He also anticipates Sensex volumes to remain unaffected by the expiry day swap. He recommends buying Engineers India and DCB Bank, setting specific targets and stop-loss levels.
From 29,300 to 24,900: Nomura slashes Nifty target, says another 5% correction possible! Here’s why
Nomura has cut its Nifty target by 15% to 24,900, warning of a further 5% downside amid geopolitical tensions, rising oil prices and weakening flows.
March 17, 2026