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Nifty Bank will outperform markets going forward: Arpit Beriwal, MOFSL

Arpit Beriwal of Motilal Oswal Financial Services spoke to Money9 on what to expect from markets going forward.

Indian benchmark indices opened in the green on the last trading session of the week, reclaiming crucial levels following positive Asian cues. RIL, Yes Bank, Zee will be in focus today ahead of earnings. Arpit Beriwal of Motilal Oswal Financial Services spoke to Money9 on what to expect from markets going forward. "Nifty has taken support near 18,050 but earnings are likely to push indices higher. On the Nifty Bank. we have seen the index break out to over 40,000. Next week will have a whole lot of results from the banking space which may push the index further up outperforming the benchmarks.", he said.

Stock Recommendations

Buy | ICICI Bank | SL: 730 | TGT: 815 BUY | Tata Motors | SL: 485 | TGT: 565


Indian benchmark indices opened in the green on the last trading session of the week, reclaiming crucial levels following positive Asian cues. RIL, Yes Bank, Zee will be in focus today ahead of earnings. Arpit Beriwal of Motilal Oswal Financial Services spoke to Money9 on what to expect from markets going forward.

“Nifty has taken support near 18,050 but earnings are likely to push indices higher. On the Nifty Bank. we have seen the index break out to over 40,000. Next week will have a whole lot of results from the banking space which may push the index further up outperforming the benchmarks.”, he said.

Stock Recommendations

Buy | ICICI Bank | SL: 730 | TGT: 815

BUY | Tata Motors | SL: 485 | TGT: 565

Published: October 22, 2021, 10:33 IST

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