Benchmark stocks to rise modestly by year-end, correction unlikely: Poll

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Benchmark stocks to rise modestly by year-end, correction unlikely: Poll - Business Standard

Quick Summary:

Because of valuations and somewhat moderating growth, the upside is becoming more limited," said Rajat Agarwal, Asia equity strategist at Societe Generale.

The Sensex was forecast to gain over 3 per cent from Monday's close to a lifetime high of 83,000 by end-2024.

Breaching the 81,000 mark for the first time in July, the benchmark index of the world's fastest growing major economy is up over 11 per cent this year, ahead of its peers.