BoFA 2025 Outlook: Nifty target at 26,500 with cautious growth prospects

economictimes.indiatimes.com:

The report projects the Nifty to reach 26,500 in CY25, implying a return of less than 9%, with potential underperformance against US equities in USD terms. The Nifty50 closed at 24457 on 3 December 2024.

Broader Indian markets are also expected to deliver muted returns due to rich valuations.

Also Read: Is the Indian market finally in the buy zone? Abhay Agarwal answers

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