Monday, 5 October 2026Updated 8m ago
Broker call● Neutral for Indian equities

Gautam Shah sees 23,500-24,000 on Nifty; flags IT, PSUs and FMCG opportunities

1 source · first seen 12:01 5 Oct · updated 12:01 5 Oct

The brief

Written from 1 report · check the source before you trade
  • Gautam Shah sees the Nifty at 23,500–24,000 and expects a near-term recovery
  • He sees opportunities in PSUs, IT, FMCG, energy and select metal stocks
  • The outlook highlights potential opportunities across Indian PSU, IT, FMCG, energy and metals stocks

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Linked by the tag PSUs

11 stories this week
  1. 5 OctPSU banks in focus; Bank of India, PNB, Indian Bank, IOB rally up to 4%Market move · 1 source · Nifty PSU Bank index gained 2%, versus a 0.44% rise in the Nifty 50 at 10:23 AM Monday
  2. 1 OctBuzzing Stocks: PSU stock jumps 17% after land parcel sale for nearly ₹900 croreDeal · 1 source · MTNL’s board approved sale of its Powai Plot-C property for nearly ₹900 crore
  3. 30 SeptIrcon, RVNL, IRCTC, other railway PSU shares rise up to 14% amid heavy volumesMarket move · 1 source
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Read the reports

1 report · earliest 12:01
CNBC-TV18Gautam Shah sees 23,500-24,000 on Nifty; flags IT, PSUs and FMCG opportunities12:01