Markets
Muhurat Trading: Atul Suri sees Nifty at 30,800 by next Diwali, highlights themes that could lead the next rally
Reported by: CNBC TV18 ·
Summary
CNBC TV18 reported that Atul Suri of Marathon Trends expects the Nifty to reach 30,800 by next Diwali and remains positive on Indian markets. The outlet said he named financials, pharma, autos and midcap IT stocks as themes that could lead the next rally. Muhurat Trading is a special one-hour trading session the exchanges hold on Diwali, and the Nifty is the benchmark index of 50 large companies on the NSE. Midcap IT means information-technology companies of medium size by market value. The 30,800 figure is the analyst's own target, not a reported market level. This is the analyst's view, not Hypeless's.
AI summary of what CNBC TV18 reported. AI can make mistakes. Read the full story on CNBC TV18
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CNBC TV18 · · Tone +1
Muhurat Trading: Atul Suri sees Nifty at 30,800 by next Diwali, highlights themes that could lead the next rally
Atul Suri of Marathon Trends remains bullish on Indian markets, retains his Nifty 30,800 target and highlights financials, pharma, autos and midcap IT stocks.
Some headlines quote an analyst. Those views are theirs, not ours.
Key terms
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- Nifty
The Sensex and the Nifty 50 are scoreboards for a group of big Indian companies. Learn what they measure and how to read "Sensex up 300 points".
Learn: What are the Sensex and the Nifty?
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- What happened here, in simple words? Muhurat Trading: Atul Suri sees Nifty at 30,800 by next Diwali, highlights themes that could lead the next rally
- Where do the outlets differ in how they report this? Muhurat Trading: Atul Suri sees Nifty at 30,800 by next Diwali, highlights themes that could lead the next rally
- What does "Nifty" mean?