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.
Alcohol stocks have priced in FTA gains: Karan Taurani
The UK FTA is poised to boost the Indian luxury spirits segment, potentially leading to a 15-20% price correction and accelerating volume growth to over