Have Nifty target of 11,100 for this year: Edelweiss Securities

In an interview to CNBC-TV18, Aditya Narain, Head of Research and Nischal Maheshwari, Head-Institutional Equities at Edelweiss Securities shared their views and readings on the market and also spoke about Edelweiss India Conference that will be held in Mumbai from the 7th to the 9th of February.

Maheshwari said that this is a good correction, not very worrying.

He further said that it’s a good time for investors to re-enter, who missed the boat.

Talking about the conference, Narain said that there is a lot of demand and a lot of consumption to be at the conference itself. We have about 160 companies and almost 500 investors. This demand and consumption is well taken care of.

On market front, Maheshwari said that we have a target of around 11,100 for this year and we continue to believe that it will be achieved in the current year.

Watch accompanying video for more details….