Nifty to hit 23,400 by June, buy on dips in pre-election rally!
Fri, Feb 2, 2024 4:33 PM

Nifty to hit 23,400 by June, buy on dips in pre-election rally!

A Flip by Avya Verma
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ICICI Direct predicts a pre-election rally and recommends investors to embrace market dips as a buying opportunity. They expect Nifty to hit 23,400 by June 2024 and suggest minimum returns of 14% in the election year. The brokerage also sees outperformance in PSU banks and recommends SBI, BoB, PNB, LIC Housing Finance, Union Bank, and PNB Housing Finance. In the IT sector, TCS, Infosys, HCL Tech.

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