21,400 for Nifty very much on the cards going forward: Pankaj Pandey
If the Fed keeps to the expectation of not hiking, the macroeconomic scenario might improve and the overall deals might get converted into revenues in H2. Banking, automobiles, and Reliance, particularly the petrochemical business could do better. Input cost pressures are impacting companies such as Jubilant FoodWorks, as these costs remain at elevated levels.
