Nuvama’s Nikhil Ranka sees Nifty moving toward 26,000
In short
Nuvama’s Nikhil Ranka said Nifty could move toward 26,000. The CNBC TV18 Market summary says he sees support from easing geopolitical tensions, lower crude oil prices and an earnings recovery.
He also pointed to FMCG, aviation, OMCs and capital market stocks as possible opportunities for investors.
What the reporting says
Nuvama’s Nikhil Ranka said factors such as easing geopolitical tensions, lower crude oil prices and an earnings recovery could drive Nifty toward 26,000, according to a CNBC TV18 Market summary. He also pointed to FMCG, aviation, OMCs and capital market stocks as potential opportunities. The brief presents a market outlook and sector call, with the level and drivers coming from the source summary.
Why it matters
Nuvama’s Nikhil Ranka outlined factors that could push Nifty toward 26,000, including easing geopolitical tensions, lower crude oil prices and an earnings recovery. He also flagged FMCG, aviation, OMCs and capital market stocks as areas that may benefit. The source offers a market outlook rather than a decision or filing, so the impact is best read as sentiment and sector rotation.