Auspicious start to Samvat 2081: Experts expect moderate returns of 5-10% in new year

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The Economic TimesET Markets

Auspicious start to Samvat 2081: Experts expect moderate returns of 5-10% in new year

ET BureauLast Updated: Nov 02, 2024, 08:08:00 AM IST

Synopsis

Nifty gained 24.47% in Samvat 2080—the second-best in a decade—yet most experts anticipate moderate returns of 5-10% in the new year.

MarketETMarkets.comNifty gained 24.47% in Samvat 2080—the second-best in a decade—yet most experts anticipate moderate returns of 5-10% in the new year.

Following a bleak October, with benchmarks dropping over 6% and overseas investors offloading nearly Rs 1.1 lakh cr in Indian equities, the upbeat sentiment during Muhurat trading reflects renewed investor confidence.

Nifty gained 24.47% in Samvat 2080—the second-best in a decade—yet most experts anticipate moderate returns of 5-10% in the new year.

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(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2024 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

...moreless

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