Nifty likely to hit 26,000 by 2025-end, current valuations not stretched, says Himanshu Kohli of Client Associates

Himanshu Kohli, Co-founder of Client Associates, believes the Nifty level of 23,500 is reasonable with a year-end target of 26,000. He advises investors to be cautious of profit-booking in overbought segments and emphasizes the need for broad-based earnings growth for future rallies.