Indian equities hit all-time highs amid earnings rebound
after close1 source ↓written by the desknot a recommendation
Indian equities reached new all-time highs on Tuesday, with the Nifty, Sensex, and Bank Nifty all peaking. Portfolio Manager Nilesh Shetty noted that the market is now driven by improving earnings visibility and easing macro headwinds. He expects a steady uptrend supported by potential tariff deals and the upcoming Union Budget.
• Valuations normalized after a correction
• Demand stabilizing post-festive season
• Upgrades likely in H2 2023
This positions the market for a strong two-year run.
Not investment advice. For informational purposes only.