India's economic growth outlook is strong and if the current government continues after the Lok Sabha elections next year, it may give a strong impetus to market sentiment. Some experts see the possibility of Nifty touching the levels of 24,000-25,000 by the General Elections 2024. Mint talked to several analysts and market experts to find out their views on Nifty target for the next 6-8 months. Recent state elections have yielded favourable outcomes for the ruling party, indicating political stability. We see nifty to trade higher towards 22,000 in the medium term and head more towards 24,000 - 25,000 on or before December 2024.

Source: Mint December 04, 2023 14:01 UTC