Nifty has delivered a 12.5% compounded return over three years, but midcap index returns have doubled. Investors should moderate return expectations to around 10% for 2025 due to slowing investment cycles and domestic equity flows, with anticipated slower economic growth and higher equity supply.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing