![CLSA predicts muted Nifty 50 returns for 2025; replaces HDFC Bank with Tata Motors, NTPC and THESE stocks in portfolio | Stock Market News CLSA predicts muted Nifty 50 returns for 2025; replaces HDFC Bank with Tata Motors, NTPC and THESE stocks in portfolio | Stock Market News](https://i3.wp.com/www.livemint.com/lm-img/img/2025/01/06/1600x900/3-0-97431674-iStock-834792042-0_1679787577110_1736141370195.jpg?w=600&resize=600,400&ssl=1)
CLSA predicts muted Nifty 50 returns for 2025; replaces HDFC Bank with Tata Motors, NTPC and THESE stocks in portfolio | Stock Market News
Source: Live Mint 2025 Market Outlook: CLSA anticipates a challenging year for the Nifty in 2025, driven by an uncertain and risky global macro environment coupled with a near-term economic slowdown in India. The research firm forecasts muted returns for the index due to elevated valuations and underperformance of actual capex spending versus expectations. CLSA…