Positive impactEconomy
Hiren Ved's big market call: Why he sees Nifty at 30,000 by next Samvat
CNBC-TV18 1 hr ago·6 Nov 2026, 12:14 pm
Hiren Ved, a prominent market strategist, has set a bold target for the Indian stock market, projecting the Nifty 50 index to reach 30,000 by the next Samvat. His bullish outlook is primarily driven by his belief that Reliance Industries has significant value yet to be unlocked. Ved sees the conglomerate's strategic investments and pivot towards digital services as key growth engines that will drive its stock higher.
For investors, this call highlights Reliance as a potential cornerstone of a growth portfolio. Ved's confidence suggests that the company's ability to integrate its traditional businesses with its new digital ventures could lead to substantial gains. This perspective is particularly relevant for those looking for stability and long-term appreciation in large-cap stocks.
Investors should watch Reliance's quarterly results and its progress in the digital space. Any positive developments in its telecom, retail, and Jio platforms could validate Ved's bullish thesis and provide momentum for the stock. Keeping an eye on broader market trends and global cues will also be important for assessing the feasibility of this target.
Excerpt from CNBC-TV18
Published On Nov 6, 2026 | 17:44 IST Last Updated On Nov 6, 2026 | 17:44 IST Hiren Ved favours new-age platform companies such as Eternal, Paytm and CarTrade, sees Ather emerging as a strong electric two-wheeler player and believes Reliance Industries has more value to unlock. He also expects select large-cap IT…Read the original at CNBC-TV18
Affected stocks
Bullish2 stocks
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Reliance Industries (RELIANCE).
- Category: Economy.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
- Also mentions PAYTM.
Why it matters
A meaningful update for Reliance Industries worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
