Nifty Earnings Could See 50% Cuts In Two Years, Says BofA Strategist Amish Shah

That will make the valuations of Indian markets look slightly more expensive than they are currently, says Shah.

Source: Unsplash

Bank of America strategist Amish Shah continues to see risks to FY24 and FY25 Nifty earnings growth estimates of 18% and 14% respectively. These could be cut by half, he goes on to say.

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