Stock market outlook: PL Capital ups Nifty 50 target to 27,867 for next 12 months; adds BEL, HCL Tech in model portfolio | Stock Market News

Stock market outlook: PL Capital ups Nifty 50 target to 27,867 for next 12 months; adds BEL, HCL Tech in model portfolio | Stock Market News

Source: Live Mint Indian stock market indices, Sensex and Nifty 50, are seeing extreme market volatility led by rising geopolitical tensions in the Middle East, a bumper 50 bps interest rate cut by the US Federal Reserve and the outcome of state elections in India. Brokerage firm PL Capital stated that the Nifty 50 is…

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No valuation dip expected in mid and smallcap stocks if they deliver on expected earnings growth, says Krishnan VR | Stock Market News

No valuation dip expected in mid and smallcap stocks if they deliver on expected earnings growth, says Krishnan VR | Stock Market News

Source: Live Mint Krishnan VR, Chief of Quantitative Research team at Marcellus, believes that valuations of Indian markets are clearly quite extended both compared to history and across various sectors and stocks. However, he opined that as long as mid- and small-cap stocks deliver on expected earnings growth, there won’t be any valuation derating. He…

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