Nifty likely to hit 24,000-25,000 by next Diwali, says Vinit Bolinjkar of Ventura; advises adding 10% gold to portfolio

After being downgraded to neutral earlier in the year, India has rebounded and is now one of the top-performing emerging markets thanks to its encouraging GDP data, which has cemented its position as one of the fastest-growing economies globally. Strong earnings growth prospects, combined with swelling bids from both domestic and foreign investors, make Indian equities an attractive investment opportunity, despite rich relative valuations, according to Ridham Desai, managing director, Morgan Stanley India. Foreign portfolio investors have poured in more than $6.8bn into Indian markets since March.

In this hype, many retail investors are rushing into the market. They may be influenced by the euphoria of Nifty at all-time highs and fear of missing out. However, in this rush to participate and benefit from the markets they are ignoring the risks associated with it. Risk is inseparable from the world of investing.

Thanks to foreign investors' relentless buying, the benchmark Nifty50 and Sensex have risen more than 15% from the March lows and reached new highs. Indian equities also joined the club of the best-performing markets in 2023. However, compared to other emerging and developed market peers, India underperforms.

Large caps led Friday’s rally, with support from small and medium caps.

Foreign investors have emerged as net buyers of Indian equities for the six straight sessions, snapping their three month -sustained selling streak which was over global headwinds.

“There might be some ups and downs until December 3, especially with the state election results coming in, but after that, I expect a pre-election rally in the market.

Pawan Kumar advises caution in the Indian market due to heightened volatility and valuation premiums in mid & small-cap stocks. Customized asset allocation based on individual factors is recommended for FY25, with a neutral stance on the Indian Equity market.

As benchmark markets hit record highs, investors just have one question in their mind: Will the dream run conitnue? Here's what market experts said.

Mumbai (Maharashtra) [India], August 10 (ANI): The stock market in the upcoming week will be looking at global happenings such as international market performance, anticipations of recession in the US, and domestic macroeconomic indicators such as IIP, CPI, and WPI inflation data, said market analysts. The market will be closely looking at the conclusion of […]

The US Federal Reserve's decision to raise interest rates can have an impact on the Indian market, particularly in terms of capital flows and investor sentiment.