The week broadly witnessed a range bound movement for both the indices but the prices are comfortably placed above the 10 day EMAs on a weekly time frame. The 50 component Nifty index ended Friday with gains of 0.8% or 186 points at 24,502 while Bank Nifty closed flat with a gain of 0.02% or 8 points at 52,278.
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,