Nifty can give 78 percent return in 3 years, may touch 32000 figure by 2025
[ad_1]
Nifty To Touch 32000 in 2025: The Nifty index of the National Stock Exchange can touch the record level of 32,000 by 2025. Yes Bank’s brokerage house YES Securities has made this prediction. According to Yes Securities, due to the impressive growth of Indian companies in the next three years, Nifty can cross the level of 32,000 by 2025 and 21,000 in 2022.
According to YES Securities, if from current levels, Nifty can give a return of 78 percent in the next three years, then it can give a return of 17 percent this year. The brokerage house believes that the Indian stock market in emerging countries will remain bullish due to continuous supply of cash in the market and heavy investment by institutional investors in the Indian stock market.
According to experts of YES Securities, there will be a huge increase in consumption in the country in the coming days. In the next four years, it can increase to 46 percent of GDP, while domestic savings may reach 19 percent of GDP. Due to the increase in the disposable income of the people, it will help in increasing the consumption.
According to the research paper of the brokerage house, consumption will not be affected despite rising inflation. Due to higher agricultural production, it will help in curbing the prices of food items, while the spending capacity of the people will also increase. According to YES Securities, sectors in crisis will be able to come out, which includes telecom, capital goods, pharma, banks, asset management, real estate, cement and building material manufacturing companies.
read this also:
Indian Railways Update: Rail fare and platform ticket will be expensive, know why you will have to pay expensive fare for catching a train from these railway stations!
Tata Group IPL Sponsor: Instead of Chinese mobile company Vivo, now the title sponsor of Tata Group IPL
,
[ad_2]
