“We expect a reversal of spreads and volatility, leading to 1-2x multiple points of rerating through year-end. By contrast, 2023 returns should be driven primarily by earnings growth,” Credit Suisse analyst Jonathan Golub said.Citigroup, on the other hand, expects the index to end 2023 at 3,900 points.
ETMarkets Smart Talk: Sectors to avoid in 2025: Overvalued plays and low growth visibility stocks
The market has digested the continuing geo-political concerns and with the new US president taking an anti-war stance, there are high chances that various regional
December 23, 2024