Kotak sees 17.5% Nifty earnings growth in FY27
after close1 source ↓written by the desknot a recommendation
- for the Nifty
- 17.5% earnings growth
- next year
- 14% growth
Sanjeev Prasad, Managing Director at Kotak Institutional Equities, forecasts 17.5% earnings growth for the Nifty 50 in FY27, driven by strong economic activity and higher commodity prices. However, he remains cautious about the IT sector due to elevated valuations and ongoing uncertainties. The brokerage anticipates 14% growth next year, supported by banks recovering from NIM pressures.
Not investment advice. For informational purposes only.