Year 2015 might have become washedout year for local equities, but analysts at top brokerage firms estimate the equity benchmark Sensex to re-form up to the 35,000 level, a 30 per-cent upside from yesterday's closing of 26,117.54, in the year 2016. Click For Commodity Tips
In a poll conducted by researchers among 10 brokerage firms, the majority projected Nifty-50 to grow up to 38 per-cent in the year 2016 to scale a peak of 11,000 by Dec 2016.
For this year, the index was down by over 6 per-cent amid worries over an interest rate hike by the US Federal Reserve, decrement in the value of yuan, a crash in prices of commodity such as crude & a slowdown in world wide economic growth.
In a poll conducted by researchers among 10 brokerage firms, the majority projected Nifty-50 to grow up to 38 per-cent in the year 2016 to scale a peak of 11,000 by Dec 2016.
For this year, the index was down by over 6 per-cent amid worries over an interest rate hike by the US Federal Reserve, decrement in the value of yuan, a crash in prices of commodity such as crude & a slowdown in world wide economic growth.
Read More : Commodity Tips
