Nifty unlikely to deliver double-digit returns in Samvat 2081: Ambit’s Nitin Bhasin and Bharat Arora
As earnings growth is slowing down and downgrades are rising, it is highly unlikely that Nifty would deliver double-digit returns in Samvat 2081, says Nitin Bhasin, Head of Institutional Equities at Ambit, and Bharat Arora, Analyst – Strategy at Ambit Capital. The institutional brokerage firm expects FY25 to be a year of earnings growth normalization … Read more