Mumbai, April 14 (IANS) Despite recent global market uncertainties, the Nifty index is likely to touch 25,521 in the next 12 months, according to report released on Monday.
In the short term, sectors focused on the Indian market — such as hospitals, domestic pharma, retail, some FMCG companies, banks, defence, and power — are likely to perform well, said financial services firm PL Capital in its report.
While the target is marginally lower than its earlier estimate of 25,689, the brokerage firm maintains confidence in India’s long-term growth story and expects key sectors to provide resilience and support to the market.
PL Capital remains optimistic about the market’s ability to absorb global shocks and continue its growth trajectory, supported by favourable policy measures and strong domestic fundamentals.
In a more bullish scenario, the index could rise to 27,590, while a more conservative outlook suggests a potential level of 24,831 — showing that the market offers room for both caution and opportunity.
However, Nifty has seen a minor correction of 3.8 per cent so far in 2025, amid macroeconomic headwinds and global developments, including the ongoing US-China trade discussions.
However, the report underlines that India remains well-positioned due to strong policy support and emerging sectoral opportunities.
In the near term, the report expects sectors focused on the domestic economy to perform better.
“These include hospitals, domestic pharma, retail, select FMCG companies, banks, defence and power,” the report said.
Sectors such as IT, cement, capital goods, and consumer businesses are also projected to maintain stable growth, while companies continue to adapt to changing dynamics.
“Volatility in commodity prices, particularly crude oil, may create short-term challenges for some sectors,” the report mentioned.
However, recovery in cement demand, driven by rising construction activity and expected price improvements, is likely to support sectoral profitability.
On the global front, India is expected to conclude a trade agreement with the United States, which may include positive developments across sectors such as auto, consumer goods, defence, oil and gas, liquor and technology.
The report also sees scope for gains in textiles, apparel and electronics.
–IANS
pk/na
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
