Market Outlook - December 5, 2023

Santosh Meena, Head of Research, Swastika Investmart

Nifty's immediate target is 20,750, with a level of 21,000 easily within reach. The previous breakout level of 20,222 will serve as the market's floor, and with the pre-election rally underway, Nifty could climb towards 22,500 ahead of the general election.Read more:

1. Can Nifty 50 Hit 25,000 by General Elections 2024? Experts Weigh In - LiveMint
2. Sensex, Nifty at Record High: BJP Electoral Victory a Good Time to Invest in Stock Market - India Today