 "NSE, national stock exchange, nifty50")
The country’s fourth largest fund house, Aditya Birla Sun Life MF, expects a compound annual growth rate (CAGR) of 10-12 per cent for the Nifty, over the next three years.
Positive news on the vaccine front, faster-than-expected economic recovery, continuing fiscal and monetary policy support, and high liquidity are likely to provide a supportive backdrop for stocks, Aditya Birla Sun Life MF said in its 2021 outlook report, released on Thursday.
A weak dollar and strong commodity prices augur well for emerging markets (EMs). This is because global investors are sitting on $350 billion worth of dry powder and EMs are currently
