What kind of returns should investors expect from Indian equities in FY25?

1 month ago

The key events that will shape the market trend are the outcomes of the Indian and the US elections, along with the stance of global central banks

April 02, 2024 / 10:41 AM IST

Nifty

PRO Only Highlights
- Quarterly performance largely backed by improved realisations
- Medium-term triggers China plus and protectionist measures for tyre industry
- Valuations not inexpensive; but improved medium-term outlook

Highlights

Nifty delivered stellar returns in FY24 and small- and mid-caps were showstoppersFY25 is an event-heavy yearIndian election outcome already priced in, profit-booking possibleUS Fed’s rate action and US election should be positive for FPI flowsIndian equities aren’t that costly to deliver a negative returnYield gap analysis suggests a 9 percent Nifty upside

In the fiscal gone by (FY24), Indian equity markets were on a rage as investors cheered the growth momentum and the likelihood of the return of