Nifty may grind higher on earnings, but sharp rally unlikely: Axis Capital

Raman Jauhar, Managing Director and Head of Equities at Axis Capital, sees 24,000 as a key support level and expects domestic consumption to remain a strong theme, with real estate, staples and discretionary segments showing resilience. While foreign flows have turned positive, strong primary-market fundraising and continued investor interest in North Asia could limit India’s upside.

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