Nomura Anticipates 4% Rise in Nifty 50 by Year’s End

Nomura, a leading financial company, predicts a 4% rise in the Nifty 50 index by year-end. They base this forecast on economic recovery and strong earnings from companies in the index.

They believe the Indian economy is recovering, which will boost the Nifty 50’s performance. Improved earnings from companies will also contribute to the index’s growth.

However, they advise caution due to global uncertainties and inflation concerns. Nomura suggests that investors focus on long-term investments rather than quick gains.

In summary, Nomura forecasts a positive outlook for the Nifty 50, with a 4% increase expected by year-end. This growth will be supported by economic recovery and strong company earnings. Investors should, however, be mindful of global challenges and inflation risks.