This marks the index’s third consecutive day of hitting record high, with six new highs achieved in June alone and more potential in the nine remaining trading days of the month. In May, the index set new records four times. Throughout CY24, the index has set record highs 32 times. […]
nifty 50 target
Last week, markets stayed in a consolidation phase and ended slightly higher, taking a pause after the volatile post- election week. The NSE Nifty 50 settled 0.29 per cent higher at 23,465.60, while the S&P BSE Sensex added 0.24 per cent at 76,992.77, with both benchmarks also recording their second-straight […]
The NSE benchmark has demonstrated consolidation with a 4.4 per cent up move over the past two months despite significant market volatility during the Lok Sabha elections 2024. ‘’Nifty 50 is trading at 15-year average PE with 14.9 per cent EPS CAGR over FY24-26. Our 12- month base case Nifty […]