Sunday, May 18, 2014

Ab ki baar… Nifty 8,000 | ummid.com

Ab ki baar… Nifty 8,000 | ummid.com

By end of 2014, investors would start looking at FY16 estimates. Based on their top-down expectation of 15 percent earnings growth in FY16, and 15x PE, a Nifty target for end-2014 at 8,000 seems highly probable.