Nifty could take some time to hit 17,000, but 16,400 can be seen in the near term: Mohit Nigam of Hem Securities

Technical indicators also suggest the uptrend in small midcap space but in the near term, broader markets may witness minor correction or consolation as we can see some profit booking in the particular segment, says Nigam.

from Moneycontrol Market Outlook https://ift.tt/3jvV9W0