Some value-oriented funds also did well as the fund managers bet on public sector companies in segments like banks, railways, and defence. Large-cap funds, which need to invest at least 80% of their corpus in the top 100 stocks, trailed due to higher exposure to private banks and IT companies, which underperformed the broader markets.
Nifty can cross 32K in 2026 bull case scenario: Kotak Securities
In a recent note, domestic brokerage firm Kotak Securities has projected a bull case target of 32,032 for the Nifty 50 index by December 2026,