Till further clarity emerges, Nifty will move in 23,000-25,000 range: Ajay Vora

December 4, 2024

Ajay Vora from Nuvama Asset Management discusses how the Nifty aggregate EPS has been shifted to FY26. The stock market correction is driven by earnings downgrades and sees PSU sectors hit hard. Government capex and RBI’s actions are expected to provide some market relief. The banking sector, particularly HDFC Bank and SBI, appears stable and attractive for investment.

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