Nifty 50 target for March 2025 at 24,800, says ICICI Securities (2024)

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Nifty 50 target for March 2025 at 24,800, says ICICI Securities? ›

According to experts, our one-year forward objective for the Nifty 50, which is set for March 2025, is 24,800. This represents a 10% upside against the long-term predicted returns of around 14%.

Our one-year forward (March 2025) target for Nifty 50 stands at 24,800 and implies a 10% upside against the long-term expected returns of ~14%, analysts said.

Summary of ISEC Share Price Forecast for 2025

With favorable market conditions, the mid-year price target for ICICI Securities Ltd could reach ₹1069. By the end of 2025, the price target for ICICI Securities Ltd is expected to potentially reach ₹1276, considering bullish market trends.

Axis Securities had set a target of 23,000 for the Nifty 50 by December 2024, while Goldman Sachs aimed at 23,500. With the Nifty 50 currently hovering around the 22,750 mark, it is 1 percent and 3 percent away from reaching the projections put forth by these brokerage firms.

In an interaction with Business Today TV, the veteran market watcher said the benchmark equity index NSE Nifty could reach the 50,000 mark by 2030-31 and 75,000 mark in the next 10 years, citing a broad-based recovery in the economy which is happening right now.

Nifty 50 outlook

As such we can expect the Nifty to reverse higher again from around 22,350 and move back up to 22,500. Key resistance to watch is around 22,530. A strong break above it will see the Nifty surging to new highs going forward.

gdp grows for 6 % in next 10 yrs + 4 % inflation and then in next 10 yrs gdp growth of around 5 % + 3% inflation then nifty in 2040 can see levels around 60 thousand to 70 thousand .

We upgrade the stock to BUY (from Hold) with an unchanged target price of INR 3,469 based on 15x FY26E EPS of INR 231.

ICICI Bank has TTM P/E ratio 16.43 as compared to the sector P/E of 9.19.There are 39 analysts who have initiated coverage on ICICI Bank. There are 23 analysts who have given it a strong buy rating & 13 analysts have given it a buy rating. 0 analysts have given the stock a sell rating.

What is the return of Nifty 50 in 15 years? ›

Nifty 50 Total Return index Performance

The Nifty 50 TR index has returned 11.8% CAGR, 17.6% CAGR and 28.4% CAGR over the last 15 years, 5 years and 1 year respectively. Volatility has been 22% over the last 15 years, 18.2% over the last 5 years and 15.8% over the last 1 year. All data are as of December 15, 2021.

Well, NIFTY 50 can be an excellent way to invest for the long term and build wealth. It gives you a unique opportunity to diversify your investments across the most successful players in the market with much-desired flexibility to enter and exit.

By investing in the NIFTY Next 50, super long-term investors can gain exposure to the evolving Indian market and tap into the potential of emerging industries. It's important to note that investing in the NIFTY Next 50 does come with some risks.

Vikas Khemani projects India's corporate profitability to reach $1 trillion by 2035, potentially boosting Nifty to around 1 lakh. He highlights the growth opportunities across various sectors and the transformative potential of long-term investments in India's evolving market.

On April 5, Kunal Shah of LKP Securities mentioned that the Nifty Bank has the potential to test new all-time highs and even touch the mark of 50,000. Aggressive put writing has been seen at lower strikes, thereby establishing a base around levels of 48,200-48,000 on the downside.

As the index has already seen a 5% correction in January (usual bull market correction) followed by two months of correction, the brokerage expects the index to maintain the same rhythm and head towards 23,400 level by June 2024, driven by BFSI, auto, capital goods, and metal.

The Nifty 50 TR index has returned 11.8% CAGR, 17.6% CAGR and 28.4% CAGR over the last 15 years, 5 years and 1 year respectively. Volatility has been 22% over the last 15 years, 18.2% over the last 5 years and 15.8% over the last 1 year. All data are as of December 15, 2021.

The S&P 500 still has 30% upside between now and the end of 2025, according to Capital Economics. "Our end-2025 forecast of 6,500 for the index is premised on its valuation reaching a similar level to its peak during the dot com mania," Capital Economics said.