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The Economic Times
The Economic Times
Nandini Sanyal

Nifty heading to 25,000, Bank Nifty to 60,000 soon; prefer private banks, NBFCs over PSU banks: CA Rudramurthy BV

Indian equity markets have decisively broken out of their recent consolidation range, and at least one market watcher believes the rally has real legs. CA Rudramurthy BV, MD at Vachana Investments, says the Nifty's move past the 24,200 mark signals that "every dip is a buying opportunity," with 25,000 potentially within reach in the near term.

Why the breakout looks sustainable

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