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The Nifty may face hurdles at 22,250-22,300 and, if this level is broken decisively, then a record high can't be ruled out. On the downside, it the index breaches the 22,000 level, then 21,900 is going to be next support level and then 21,700, the low of the last week
On the upside, the levels of 22,200 – 22,450 are anticipated to pose strong resistance in the current week starting from March 26.
General elections are mostly discounted in the stock prices. A negative surprise may cause a sharp reaction, says Nimesh Chandan of Bajaj Finserv AMC.
Divam Sharma of Green Portfolio is underweight on banking and says he will wait for valuations to slim before adding major exposure
Electric vehicles and semiconductors are the sunrise sectors but a lot of their potential has already been priced in, the Samco Group founder and CEO says