Economic TimesLean R·
Nifty to hit 50,000 before 2035? Raamdeo Agrawal maps 3 valuation-based timelines
The Nifty 50 index might soar to 50,000 in the next six to nine years. This forecast hinges on the fluctuations of price-to-earnings ratios. A surge in retail participation and robust domestic investments is solidifying market resilience, even as foreign institutional investors scale back their stakes in Indian equities. The nation's economic growth and rising savings play pivotal roles in this bullish market prediction.
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