Rajesh Palviya from Axis Securities anticipates Nifty potentially reaching 25,000, fueled by positive market sentiment and Prime Minister’s announcement. He highlights the shift in put-call ratios and strong performance in midcap, smallcap, and sectors like automobile and oil & gas. Palviya recommends Mahindra & Mahindra with a target of 3,480 and Avenue Supermarts (DMart) with a target of 4,730.
HDFC Bank, Bharti Airtel among 10 largecap stocks with up to 35% upside potential. Check list
Brokerages remain optimistic on select largecap stocks despite rising geopolitical risks and inflation concerns. Stocks across banking, telecom, auto and infrastructure sectors offer upside potential