Nifty can rally 13% to touch 20,000 in 2022, says Nishant Srivastava

Despite the stellar run in 2021 that saw most global equity markets record healthy gains, we remain bullish on equities for 2022, says Nishant Srivastava

India has entered an economic super-cycle, driven by a turnaround in the housing cycle, says Nishant Srivastava, head of retail broking and distribution at Reliance Securities. He tells Ashley Coutinho that the markets may remain volatile in the near term amid uncertainty pertaining to the Omicron variant of the coronavirus and the US Federal Reserve’s (US Fed’s) tapering of bond purchases. Edited excerpts:

What is the outlook for 2022 for Indian equities?

Despite the stellar run in 2021 that saw most global equity markets record healthy gains, we remain bullish on equities for 2022. Though we rule out