Expect Nifty at 20,000 backed by bank and auto: Harendra Kumar
“Since the liquidity context is challenged, there are no aggressive tailwinds for the markets to go on a secular one-way run. It is supporting us and so at the interim, we expect the Nifty at 20,000 at this given point of time, largely backed by banking and automobiles. That is the immediate short term context that we are seeing. ”
