Business2 sources
Indian Markets Look to Rebound in Samvat 2083 with Renewed Optimism
- Investors are entering Samvat 2083 with renewed optimism after a disappointing Samvat 2082.
- The Nifty and Sensex have declined about 8% each so far in Samvat 2082.
- Brokerages see potential for double-digit stock market returns in Samvat 2083.
- Easing valuations and steady earnings growth are key factors for the expected rebound.
- Improving foreign inflows are also contributing to the optimism in the Indian markets.