Brokerages advise caution in '25
Business Standard|December 11, 2024
Earnings growth uncertainty, elevated valuations seen capping upsides
SUNDAR SETHURAMAN
Brokerages advise caution in '25

Indian equities are expected to deliver modest returns in 2025, as brokerages cite uncertainty around earnings growth and elevated valuations as major concerns even as India's fundamental growth story remains promising.

UBS on Tuesday warned of potential derating in the Indian market due to high valuations and the Reserve Bank of India's limited ability to cut rates aggressively. Nomura also expressed similar concerns last week, stating that India's market faces near-term risks of derating amid a slowing macro and earnings cycle. Domestic brokerage Kotak Securities on Tuesday set a modest Nifty target of 26,100 for December 2025, implying a 6 per cent upside from current levels.

هذه القصة مأخوذة من طبعة December 11, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 11, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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