Key Points
FY25 Outlook: Indian stock market benchmarks - the Sensex and the Nifty 50 - wrapped up the financial year 2023-2024 (FY24) with impressive gains, surging 29 per cent and 25 per cent respectively..
During FY24, stocks such as Tata Motors, Bajaj Auto, Adani Ports, Coal India, and Hero Motocorp witnessed extraordinary growth, with each of them vaulting over 100 per cent..
Surprisingly, out of all Nifty 50 stocks, only two - Hindustan Unilever and HDFC Bank - concluded the fiscal year in the red, experiencing a decline of over 10 per cent each..
In Jasani's views, the key risk for the markets in FY25 could be whether a positive outcome of elections is already discounted to a large extent and the street would like to track the fresh policy measures and Union Budget by the new Government before getting more excited..
Despite these challenges, India's journey toward becoming a $5 trillion economy is on track, and stock markets are expected to reward long-term investors, said Mehta..
