Expert view: Nifty 50 could be in the 24,500 to 25,000 range by year-end, says Wright Research founder

by
Post Views: 73


Expert view: Sonam Srivastava, the founder of Wright Research, believes the Nifty 50 could see a modest recovery towards the end of the year. She believes a proper recovery will come when FIIs (foreign institutional investors) return to India, which looks a bit far off. A realistic year-end target for the Nifty 50 would be in the range of 24,500 to 25,000. In an interview with Mint, Srivastava also shared her views on key triggers for the domestic market, as well as strategies for mid-and small-cap segments and sectors she is positive about.

Edited excerpts:

What are the key factors weighing on market sentiment?

Market sentiment is currently influenced by several factors: global economic uncertainties, including geopolitical tensions and concerns over economic slowdowns and uncertainty of Donald Trump’s policies; monetary policies, particularly the US Federal Reserve’s stance on interest rates; corporate earnings reports, which have been quite a disappointment this quarter and have lowered expectations for the next few quarters; and persistent inflationary pressures affecting consumer spending and corporate profit margins. These elements collectively contribute to market volatility and investor caution.

Do you expect a recovery or more pain from here on? What is your year-end target for Nifty 50?

Considering current economic indicators and market conditions, a modest recovery is anticipated towards the end of the year.

However, the extent of this recovery will depend on factors such as inflation control, corporate earnings performance, and geopolitical developments.

A proper recovery will come when FIIs (foreign institutional investors) return to India, which looks a bit far off.

A realistic year-end target for the Nifty 50 would be in the range of 24,500 to 25,000.

Also Read | Market Outlook: Can Nifty 50 reclaim 25K this month amid ’Maha’ rally on D-St?

What are the five key triggers for the domestic market for 2025?

The domestic market in 2025 will likely be influenced by (1) monetary policy adjustments, including potential interest rate cuts by the Reserve Bank of India, (2) infrastructure development through increased government capital expenditure, (3) sustained corporate earnings growth across sectors, (4) foreign investment inflows driven by stable political and economic conditions, and (5) technological advancements, particularly in the IT and digital services sectors.

What should be our strategy for mid and small-cap segments?

We are seeing a tilt towards quality in our strategies, which shifts focus towards slightly larger companies.

But we are still invested in select companies in the mid-and small-cap segments—especially those in defensive sectors and with high value.

Investors should adopt a selective approach to mid-and small-cap segments, focusing on companies with strong fundamentals, robust growth prospects, and competent management.

Diversification across sectors and thorough due diligence can help mitigate risks associated with these segments.

Also Read | Will bribery allegations against Adani intensify FPI selling spree?

India’s growth outlook has seen some revision recently. Should we be cautious?

Recent revisions in India’s growth projections suggest caution. Factors such as inflation, global economic conditions, and domestic policy decisions require close monitoring.

While the long-term growth story remains intact, short-term challenges warrant a prudent investment approach.

How significant is the Trump factor for the Indian market?

The political climate in the US, including potential policy changes under the Trump administration, can influence global trade dynamics and investor sentiment.

However, India’s diversified economy and strong domestic consumption may buffer some external shocks.

There is still a lot of uncertainty around the policies, and continuous monitoring of international policies is advisable.

Also Read | Trump’s policies may open new doors for India’s defence sector: Report

How to play the IT sector now? What stocks would you recommend to buy from the space?

The IT sector continues to show resilience, and the guidance from the earning season is also quite positive, hinting at growth in global demand for technology services.

Investors should consider companies with a strong global presence, diversified service offerings, and consistent financial performance, such as Infosys, Tata Consultancy Services (TCS), and HCL Technologies.

What sectors are you positive about for the next one to two years?

Sectors with a positive outlook include pharmaceuticals, due to ongoing healthcare needs and export opportunities; renewable energy, driven by government focus on sustainable energy sources; consumer durables, supported by rising disposable incomes and urbanization; financial services, benefiting from expansion in banking and financial inclusion initiatives; and infrastructure, with government spending on projects expected to benefit related industries.

Read all market-related news here

Disclaimer: The views and recommendations above are those of individual analysts, experts, and brokerage firms, not Mint. We advise investors to consult certified experts before making any investment decisions.

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess



Source link

7 thoughts on “Expert view: Nifty 50 could be in the 24,500 to 25,000 range by year-end, says Wright Research founder”

  2. Nebenan können die Gäste nach wie vor klassisches Roulette, Black Jack & Co.
    genießen. In der modernen Spiel-Arena mischen sich
    seither Live- und Automatenspiel auf lässige Art. Dieser vernetzt landesweit/bayernweit alle staatlichen Spielbanken und verspricht schon ab einem Einsatz von 0,50 € imposante
    Gewinne von maximal einer Million Euro. Klassische Tischspiele wie Roulette, Black Jack oder Poker und hochmoderne Spielautomaten sowie Shows und Kulinarik gehören zu ihrem breitem Portfolio.
    Ihrem Spieltrieb können Sie auch online nachgehen – ein breites Angebot an Casinos wartet darauf, von Ihnen entdeckt zu
    werden.
    Mit über 120 Spielen und einer Vielzahl von Tisch- und
    elektronischen Optionen bietet unser staatlich lizenziertes Casino
    etwas für jeden Spieler. Mit ihrem Engagement für den Spielerschutz schafft die Spielbank Lindau eine
    Umgebung, in der die Gäste das Spiel mit Vertrauen genießen können, frei von unnötigen Risiken oder Bedenken. Der regulatorische Rahmen der Jurisdiktion bietet einen robusten Schutz für die Spieler,
    schützt ihre Interessen und fördert verantwortungsvolles Spielen. Die Lizenz der Spielbank Lindau
    von der bayerischen Staatsoberbehörde für das Glücksspiel schafft Vertrauen durch regulierten Betrieb
    und sicheres Spiel. Mit diesen vertrauenswürdigen Plattformen können Sie sich darauf konzentrieren, Ihr Spielerlebnis zu genießen, in dem Wissen, dass Ihre finanziellen Transaktionen sicher und problemlos sind.
    Seien Sie versichert, dass das Spielbank Lindau Casino
    eine Reihe von zuverlässigen Zahlungsmethoden anbietet,
    die Ihren Bedürfnissen entsprechen.
    Als staatlich reguliertes Landcasino hält es sich an strenge Richtlinien, die
    den Spielerschutz und die Sicherheit garantieren. Auch Tischspiel-Enthusiasten werden nicht enttäuscht sein, mit Roulette Pro, Power Blackjack und mehr, die ihnen zur
    Verfügung stehen. Außerdem genießen Sie schnelle Krypto-Auszahlungen, einen reaktionsschnellen Kundenservice, der 24/7 in Deutsch und Englisch verfügbar ist, und mobiloptimiertes
    Gameplay auf unserer benutzerfreundlichen App.

    References:
    https://online-spielhallen.de/casino-of-gold-bonus-spiele-anmeldung/

    Reply

  3. In a post on X, the U.S. military’s Africa Command confirmed it had conducted a
    strike that killed multiple militants at the request of Nigerian authorities.
    The US Department of Defense later posted a short video that appeared to show a missile being launched from a ship.
    In a social media post late on Christmas Day confirming the strikes, Trump said that he
    would “not allow Radical Islamic Terrorism to prosper”. Referencing the timing of the
    strikes, he said they did not have “anything to do with Christmas, it could be any other day – it is to do with attacking terrorists who have been killing Nigerians”.

    He posted a lengthy sample from the model given the prompt
    “Please write a metafictional literary short story about AI and grief.” OpenAI has not extensively explored
    the use of AI for writing fiction. Noam Brown, who heads AI reasoning
    research at OpenAI, thinks that certain types of AI models for “reasoning” could have been developed 20 years ago if researchers
    had understood the correct approach and algorithms.
    Reliance has proposed selling OpenAI’s models to businesses in India through an application programming interface
    (API) so they can incorporate AI into their operations.

    OpenAI has updated its AI voice assistant with improved
    chatting capabilities, according to a video posted on Monday (March 24) to the company’s official media channels.

    References:
    https://blackcoin.co/uk-online-casinos-with-big-time-gaming-and-megaways-slots/

    Reply

  4. No, gambling winnings are not taxed in Australia. Blackjack offers
    one of the lowest house edges (0.5–1%). Yes,
    responsible gambling tools allow you to set weekly or
    monthly limits.
    For Australians using local-friendly methods or altcoins,
    it’s one of the most flexible options on the market.
    It offers a full suite of cards, e-wallets, prepaid options,
    and crypto, covering everything from Binance Coin to
    Ripple. Tuesday reloads, Friday boosts, Sunday free
    spins – it’s all clearly laid out and repeatable.
    There is no real reason to complain about this corner
    of the casino. It’s one of the few platforms where promotions go beyond just bombastic welcome offers.
    Players who don’t plan to deposit regularly may
    feel excluded from the best perks.
    These digital currencies often come with lower transaction fees
    compared to traditional payment methods, making them an attractive option for players.
    These e-wallets allow players to manage their funds effortlessly,
    with the added benefit of no transaction fees. For example, QueenSpins supports withdrawals via Maestro,
    Mastercard, VISA, and Skrill, providing players with multiple options
    to access their winnings.

    References:
    https://blackcoin.co/online-roulette-casinos-2022/

    Reply

Leave a Comment