Kotak Securities sees 13% rise in Nifty by next December

Kotak Securities is optimistic about the stock markets, setting a Nifty target of 29,120 by December 2026, driven by strong earnings growth expectations. The brokerage anticipates over 17% earnings growth for 2027, with improved macro conditions and policy decisions expected to fuel gains. They favor BFSI, technology, healthcare, and hospitality sectors, while also noting positive outlooks for gold and silver.

from Economic Times https://ift.tt/cOdzXFB