The Nifty 50 index has been on an upward trajectory, and analysts have varying opinions on its future performance. Here are some insights:
Prashant Khemka, Founder of White Oak Capital Management, anticipates the Nifty index to reach 50,000 within the next five years, more than doubling its current level
Raamdeo Agrawal, Chairman & Co-Founder of Motilal Oswal Financial Services, projects that the Nifty could potentially hit 50,000 by 2030-31 and reach 75,000 within the next decade. He cites the ongoing broad-based economic recovery as a supporting factor
ICICI Direct, a domestic brokerage, expects the Nifty to touch 50,000 by the calendar year 20302.
While these projections vary, it’s essential to consider market dynamics, economic conditions, and other factors when assessing the Nifty’s future performance. Keep an eye on relevant news and expert opinions for more accurate updates. 📈🇮🇳
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