Market Nifty likely to hit 13,900 in 2020, banking to remain the most critical sector, says Naveen Kulkarni of Reliance Securities Updated : December 23, 2019 09:02 AM IST Nifty target for 2020 is 13,900 and banks will continue to be the most critical sector in 2020, said Kulkarni. Globally, the US-China trade deal negotiations and the US presidential election will impact the markets, according to Kulkarni, Q3 will not see a significant earnings revival but should see signs of improving operating performance, Kulkarni added. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.