Sneha Seth from Angel One advises traders to stay light as Nifty may correct further below the 22,000 mark. The banking index shows support around 48,000 and resistance near 50,500. Godrej Consumer Product is recommended for buy positions with a target of 1220.
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,
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India
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