Whalesbook
Rahul Sharma, head of technical and derivative research at JM Financial, forecasts the Nifty could reach 26500 in the short term and potentially 27500 within three months. He anticipates a US-India trade deal announcement could trigger a rally, boosting sectors like IT, electronics, and gems & jewellery. Sharma advises buying on dips and highlights largecap stocks, including HDFC Bank and Reliance Industries, especially those with US export focus, as key market drivers. He also sees a strong possibility of a Santa rally this year.