Pre-election rally to take Nifty to 23400 levels by June this year: ICICI
Sun, Feb 4, 2024 12:48 PM

Pre-election rally to take Nifty to 23400 levels by June this year: ICICI

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According to an ICICI Direct report, the Nifty may reach 23400 levels by June 2024 due to the general election rally. The market has consistently given positive returns in the past 8 years and is expected to continue this trend due to strong macroeconomic indicators and increased demand in India. The report also highlights that historical data shows Nifty tends to rise before election results.

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