Nifty likely to move up after polls, trade at 23,500-24,300

For the Nifty Mid-cap 100, SBI Sec has set a target range of 51,000-53,000, which implies an upside of 10% to 14%. The index closed at 46,389 on Tuesday. The target range for the Nifty Small-cap 100 has been set at 16,500-18,000, implying gains of as much as 18.5% over the index’s Tuesday closing of 15,189.

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