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Nifty 50 At 26,200 By December? BofA Turns Constructive On Indian Market; Suggests Switching To Large-Caps
BofA expects Nifty earnings growth of 10% in FY27 and 15% in FY28, compared with Street estimates of 12% and 15%, respectively. Although BofA continues to see selective opportunities in the small- and mid-cap segment, it has reversed its earlier preference for SMIDs and now recommends switching towards large-caps.
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