Prabhudas slashes Nifty target to 20,735 ahead of polls; lists SBI & Tata Motors as top bets
Nifty which has given over 14% return on the year-to-date (YTD) basis, riding on FII flows worth over $16.5 billion, will likely start factoring in political risks as election-related activity picks up, first with state elections in November and later the Lok Sabha elections.