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Indian Stocks Likely To Revive Soon After Second-Longest Rout In A Decade
Nifty Midcap and Smallcap indices are on course to record the biggest monthly fall since March 2020.
31 Jan 2025, 12:47 PM IST 
The market has corrected 10 times in the past 10 years with an average fall of 18% before bottoming out, Jefferies said.(Photo: Vijay Sartape/NDTV Profit)
Indian stocks is likely to see a bounce-back soon after witnessing the second longest of the 10 corrections in the last decade if the Reserve Bank of India takes a pro-growth stance along with no tax surprise in the upcoming Budget, according to Jefferies. The benchmark Nifty should bottom out before Feb. 07 assuming no tax surprise in the Budget and a pro-growth RBI, analysts at the brokerage firm said. Rate sensitives stocks should...
