According to analysts, the market rally in the new calendar year may not be as sharp as seen in recent months as the markets are currently pricing in a lot (iPhone share market) of positives.
Now the question on every investors' mind remains whether or not the bulls will continue (iPhone share market) to reign in 2021? According to analysts, market rally in the new calendar year may not be as sharp as seen in recent months as the markets are currently pricing in a lot of positives. ICICI Securities, for instance, expects Nifty50 to hit 14,900 levels in 2021 in a bull-case scenario. However, if market bullishness reverts to average sentiment, the base case fundamental value is around 13,500, which indicates flat returns for CY21. (iPhone share market)
In such a scenario, which stocks look promising enough to ensure wealth creation in 2021 despite stretched market valuation? (iPhone share market)
We caught up with Abhimanyu Sofat, Head of Research at IIFL Securities and Ajit Mishra, VP-Research at Religare Broking to identify potential winners. (iPhone share market)
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