Nifty 2022 Target 19,100, No Negative Budget Impact: BofA Securities' Amish Shah

While 2022 will be “full of negative events”, Nifty 50 may end the year at 19,100, according to Amish Shah. And he sees the union budget having no impact on the index.“The market might see intermittent corrections due to high crude oil prices, rate hikes by the U.S. Federal Reserve and possible upsets for the incumbent party BJP in the upcoming state elections,” the managing director and head of India research for BofA Securities tol...