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Indian equities, private markets to benefit from macro backdrop, Nifty EPS to grow 18% in FY24: Standard Chartered
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financial market assets are expected to benefit structurally from a favourable macroeconomic backdrop over the next few years. India’s corporate profit cycle remains the strongest since the 2004-08 cycle.
The benchmark Nifty index EPS grew at an average 20 per cent between FY 2021 and FY2023 and is expected to grow by a further 18.7 per cent and 16.6 per cent in FY 2024 and 2025 respectively, according to a report by Standard Chartered. MORE TO COMEGet the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!
. Read more on livemint.comAbout this in other media
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FIIs offload ₹495 crore in Indian equities, DIIs invest over ₹1,300 crore after markets settle flat; check details livemint.com /1 year ago
FIIs invest ₹62 crore in Indian equities on positive global cues, DIIs remain net buyers livemint.com /1 year ago
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