Nifty set to hit 28,800 in 2025, says ICICI Direct; recommends SAIL, 7 more stocks

ICICI Direct noted that the 4,460-point rally offers a favourable risk-reward setup, with the Rising Channel showing buying demand at a higher support base. The brokerage expects Nifty to continue its upward trajectory, targeting the channel's upper band near 28,800 by CY25.