Sunday, March 16, 2025 | 12:06 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Domestic brokerages remain bullish on market; retail investors key driver

A majority of brokerages believed equities would be the best asset class for the next one year

markets, stock market, brokers, brokerages, sensex, correction, nifty, shares, growth, profit, economy, gain
Premium

Nearly 80% of the poll participants said the main drivers of the market are now retail investors or mutual funds, and not foreign portfolio investors (FPIs)

Samie ModakSundar Sethuraman Mumbai
Even as foreign brokerages have sounded a note of caution on Indian equities, their domestic counterparts see the benchmark indices delivering double-digit returns over the next one year. Half of the participants in the Business Standard poll of domestic brokerages said they expect the Sensex and the Nifty to climb 10 to 15 per cent in the next one year. Another 14 per cent said the gains could be in excess of 15 per cent.

The Sensex on Wednesday closed at 60,008, down 0.5 per cent from its previous close, while the Nifty ended at 17,899. A 15 per cent rally

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in