Company updateNDTV Profit
BofA maintains Nifty 50 year-end target at 26,200
Positive+13
GreyOak summary
BofA Securities maintained its year-end Nifty 50 target at 26,200, expecting a 4.7% upside. The firm prefers large caps and upgraded the healthcare and telecom sectors due to defensive earnings prospects. While volatility risks from the Fed and El Niño persist, corporate earnings growth is accelerating.
What it affects
- NIFTY 50Positive +13
Target maintained at 26,200 with 4.7% upside.Rolling sentiment Positive +40
- HealthcarePositive +9
Sector upgraded by BofA Securities.Rolling sentiment Positive +39
- Telecom & MediaPositive +7
Sector upgraded by BofA Securities.Rolling sentiment Positive +32
