Ashish Chaturmohta, Fund Manager at JM Financial Services, predicts that the Nifty50 will reach 20,570 in the near term and 21,100 in the medium term. He emphasizes that India is currently the best performing emerging market and that valuations will continue to be expensive. Chaturmohta also highlights the potential of small and midcap stocks, cautioning investors to be selective in their investments.
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