Tag: nifty target

Indian equity markets at all time highs: JM Financial anticipates a potential 1,000-point surge in the NSE Nifty 50 during September, according to an ET report. JM Financial has set a target of 20,432. This target, based on Friday's closing price, implies a 4.6% upswing in Nifty 50 from Monday's closing level of 19,528.The brokerage identifies Punjab National Bank (PNB), Hindalco, LTI Mindtree, GAIL, and ONGC as the ‘thrust’ stocks, while Reliance Industries and ITC are being considered the ‘bargain’ picks as of now.Rahul Sharma, Director at JM...