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BofA Cuts Nifty Goal To 14,500, Lists Themes In ‘Defensive Sectoral Skew’

by Index Investing News
June 22, 2022
in Financial
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BofA Securities is cautious on Indian markets because it trimmed its Nifty year-end goal to 14,500 factors amid persisting macro headwinds.The monetary providers agency stated it maintains a “cautious stance with defensive sectoral skew” and revised its outlook downward from 16,000 earlier. Along with globally tightening financial situations and a slowing financial outlook together with fears of a recession within the U.S., it sees different dangers:Lik…





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