UBS cuts 2023 Nifty target by 4% to 18,000 as retail inflows ebb

Citing fast-ebbing household inflows into equities, whittling down foreign inflows, and rising bank deposit rates, a foreign brokerage sees a 4 per cent downside to the Nifty target at 18,000 points for the next year from the current levels.

Leave a Comment

Your email address will not be published. Required fields are marked *