Nifty may decline 7-8% as earnings outlook weakens
after close1 source ↓written by the desknot a recommendation
- revised
- 13-15%
- due to rising
- 6-7%
- for the Nifty
- 7-8% decline
- for the broader
- 10%
Taher Badshah, CIO of Invesco Mutual Fund, warns that earnings growth expectations for FY27 are being revised down from 13-15% to 6-7% due to rising inflation and global uncertainties. He projects a potential 7-8% decline for the Nifty and up to 10% for the broader market if conditions worsen, indicating further downside risks to valuations.
Not investment advice. For informational purposes only.