Nifty target at 26,200 as BofA tweaks India strategy; upgrades hospitals, telecom, downgrades two-wheelers

BofA Securities maintained its year-end Nifty target of 26,200, citing improving earnings and easing market risks. It favors large-cap stocks over small- and mid-caps, while warning that volatility, a weak monsoon and fiscal pressures could pose risks.

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