Nilesh Jain of Centrum Broking is optimistic about OMC and crude-related stocks, with Asian Paints showing strong rebound potential. He anticipates Nifty to reach 24,700-24,800 and Bank Nifty to target 55,600-56,000, advising a buy-on-dips strategy. The IT sector, particularly large-cap stocks, is expected to recover, targeting a Nifty IT index level of 36,000.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets