Nifty target 26,300 through summer; 3 sectors to lead rotation: Laurence Balanco

CLSA's Technical Analyst Laurence Balanco forecasts a bullish outlook for the Nifty, projecting new highs at 26,300 by summer, followed by consolidation and a potential rise to 37,000. He notes a rotation into lagging sectors like smallcaps, broadening market participation. While financials remain key, real estate and PSUs are expected to contribute to sector rotation.