Prabhudas Lilladher Bets Big On Modi 3.0, Bullish On Nifty; ITC & BEML As High Conviction Stocks

Prabhudas Lilladher forecasts that under favourable market conditions, the Nifty could reach 27,100 within the next year. Key factors driving this potential growth include a progressive budget, normal monsoons, and strong capital inflows. They anticipate that the NDA government will continue to focus on capex-driven growth in sectors like PLI, roads, ports, aviation, defence, railways, and green energy. This outlook is supported by normal monsoons, and a ₹2.1 lakh crore dividend from the Reserve Bank of India (RBI). What insights does this Prabhudas Lilladher report provide? Business Today TV's Sakshi Batra breaks it down for you.