Share Market News / 23000, 25000 or 27000, how much record will Nifty make this year?

In the last trading week, the Indian stock market saw a jump of 1200 points, which benefited investors by Rs 12 lakh crore. Major brokerage firms have given different estimates regarding Nifty. BofA has predicted the market to reach 25,000, Axis Securities 24,600, and InCred Equities 27,000.

Share Market News: The Indian stock market was witnessing a decline for the last five months, causing investors to lose lakhs and crores of rupees. But in the last trading week, the market jumped by more than 1200 points, giving investors a profit of about Rs 12 lakh crore. After this boom, a new hope has arisen in the market and many experts are considering it a positive sign.

Future of Nifty 50: Estimates of brokerage firms

Regarding the future of the stock market, different brokerage firms have presented various estimates regarding the level of Nifty 50. Let us know how much record Nifty can make this year:

BofA (Bank of America) Estimates

BofA has given a target of 25,000 for Nifty 50 by the end of this year, which reflects an increase of 11% from the current level. According to their report, telecom, financial services, industrials, energy, IT and auto sectors will contribute up to 90% to Nifty's earnings. However, small and mid-cap stocks are expected to decline, as they are still overvalued.

Axis Securities forecast

Axis Securities has set a target of 24,600 for Nifty. According to them, the market may continue to face challenges such as uncertain trade policies, rupee volatility and high valuations. However, if the global market remains stable and the US market softens, the Nifty can also reach 27,000. On the other hand, if the inflation rate rises, the Nifty can fall to 22,000.

Nomura's outlook

Nomura brokerage firm says that Nifty can go up to 23,784, giving the market a return of -8% to +9%.

InCred Equities forecast

InCred Equities has given the highest target of 27,000 for Nifty this year, indicating a growth of 21% from the current level. He believes that the market may see a boom in the next few months.

Important advice for investors

Given the uncertainty of the stock market, investors should avoid taking hasty decisions. Before making any investment, take the advice of your financial advisor and adopt a long-term strategy. Before investing in small and mid-cap stocks, it is also important to pay attention to their overvaluation.