Buy Nifty dip towards 23,600–23,800: Dharmesh Shah
Synopsis Indian equity markets are poised for further gains, with Nifty expected to target 24,500-24,800 by July. ICICI Direct's Dharmesh Shah advises investors to "buy
Synopsis Indian equity markets are poised for further gains, with Nifty expected to target 24,500-24,800 by July. ICICI Direct's Dharmesh Shah advises investors to "buy the dip" as key support at 23,800 holds firm. Favorable macro factors like easing crude oil prices and bond yields, alongside receding FII selling, are bolstering the market's upward trajectory. Banking stocks are also showing technical strength, potentially driving the broader index higher.
The BriefWire