Nifty may swing -11% to +4% around 25,000; macro uncertainty clouds outlook: Report
BofA Securities anticipates Nifty 50 fluctuations, projecting a year-end target of 25,000 amidst uncertainties like potential US trade tariffs and a shaky US economic outlook. While S&P Global Ratings upgraded India’s sovereign credit rating, the brokerage expects Nifty earnings to grow moderately, with markets potentially facing short-term corrections.🕒 1 min read
BofA Securities anticipates Nifty 50 fluctuations, projecting a year-end target of 25,000 amidst uncertainties like potential US trade tariffs and a shaky US economic outlook. While S&P Global Ratings upgraded India’s sovereign credit rating, the brokerage expects Nifty earnings to grow moderately, with markets potentially facing short-term corrections.
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