Earnings concerns? Dalal Street expects Nifty to touch 11,000 by March 2018
ET Bureau|
Updated: Oct 20, 2017, 09.57 AM IST
MUMBAI: Indian markets are set to race ahead in the next six months with the Nifty likely to touch 11,000 by March, an ET poll of top 20 brokerages shows.
Crude Prices, NPAs Not Big Concerns
Interestingly, other issues like rising crude prices, bad loan clean-up and unemployment figured very low down on the list of concerns. However, a good majority, 58%, said that bank recapitalisation must be the biggest focus area of the government. Another majority of 55% said that the rollout of the Goods and Services Tax (GST) would not delay earnings recovery. Most participants said that GST will be streamlined in a few months.
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