 "NSE, national stock exchange, nifty50")
The benchmark Nifty will hover around 19,100 points by the end of the current calendar year, Bank of America (BofA) Securities said in its India Year Ahead 2022 report.
However, there could be corrections throughout the year as there are headwinds like peaking liquidity, high inflation, rising interest rates, strong dollar, and results of state elections, the firm said.
Amish Shah, head of India research, BofA Securities, said India is set to see the rising share of the private sector as large government monopolies are being opened up to attract private and foreign capital.
Shah said real
However, there could be corrections throughout the year as there are headwinds like peaking liquidity, high inflation, rising interest rates, strong dollar, and results of state elections, the firm said.
Amish Shah, head of India research, BofA Securities, said India is set to see the rising share of the private sector as large government monopolies are being opened up to attract private and foreign capital.
Shah said real
