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By Rodrigo Santos Andrade
Global headwinds are once again in focus as market strategist Rohit Srivastava of Indiacharts warns of downside risks for the Nifty 50. He believes the benchmark index could drift toward the 19,000 level by the end of 2026 if global pressures persist and key technical levels fail to hold. While banking stocks may remain relatively resilient due to valuation comfort, broader market breadth is weakening. Srivastava also highlights sugar stocks as a potential value opportunity amid a beaten-down cycle, and flags currency risks if USD/INR support levels break.
#Nifty50 #IndianStockMarket #MarketOutlook #StockMarketNews #IndiaCharts #BankStocks #SugarStocks #USDINR
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Tags: Mint