Indian stock market: Market indices Nifty is expected to climb to 24,500 by December 2024, driven by an expected earnings growth of 15%. Furthermore, the Nifty is projected to continue its upward trajectory, surpassing 26,500 by December 2025, according to brokerage firm Emkay Investment Managers. “In the immediate near term, […]
Indian equity market
The Indian equity market appears to be exhibiting a sense of benevolence or complacency, as fundamental issues like market size and profitability are being sidelined in favor of an obsession with growth narratives, observed Kotak Institutional Equities. In the current scenario, it pointed out that valuation methodologies have low or […]