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Curated from across
ElonMast
Amazon10mo
To give the answer with some back of the envelope calculations-
Current Nifty50 is ~21500 EPS (1 yr forward) ~ 940
If Nifty50 is ~ 30000 Assuming EPS ~1000 (best case scenario) Nifty50 PE ~ 30
To me, Nifty50 with PE ~30 would be overvalued and dangerous. As markets are recovering from ZIRP irrationality, the chances of Nifty hitting 30k in 2024 looks bleak.
Zeptaa
Google10mo
That’s too much optimism, stable 25K is still viable!
TallTales69
Unemployed10mo
60,000 by 2030.
NotMunjal
NIFTY will hit 25,000 by elections. Mark my words.
Ajmonk96
Stealth10mo
Will it hit 25 this year?
