Nifty@50K thesis still holds with all right things in place!
Fri, Feb 2, 2024 9:08 AM

Nifty@50K thesis still holds with all right things in place!

A Flip by Avya Verma
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The interim budget may not directly impact the goal of Nifty reaching 50,000 by 2030. However, it sets a positive fiscal position with lower government borrowing and expected GDP growth, which could contribute to keeping interest rates low and encouraging private sector investment. The budget also supports both bottom-up (capital expenditure) and top-down (wealth effect) factors.

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