Nifty may touch 20,500 by 2023, US recession unlikely, says BofA Securities. Brokerage underweight, overweight on these sectors, what should investors do?
Nifty target 2023: Global brokerage BofA Securities expects Nifty to increase further to 20,500 by December 2023 after its US economics team recently modified their perspective from one of a 'mild recession' to one of 'no recession' in the US. Watch this Visual Story to see Nifty earnings growth estimates, sectors to avoid, stocks to pick, and more.
Source: businesstoday.in