NSE Nifty 50 index may hit a 18,600 target by the December 2022-end on the back of outperformance of BFSI, IT, Auto, Capital goods and PSU stocks, ICICI Direct said in a report. The brokerage firm advised to use dips for buying as strong support is seen at 16800. In the afternoon deals, Nifty 50 was ruling at 17,586.15, up 0.4 per cent. It also noted that Nifty’s breakout above the major trend line signals the end of the corrective phase. It said Nifty is set to touch 18600, as the current rally of 18% is the strongest since October …
