Nifty fairly valued at 17,000-18,000; near Rs 1,000 EPS likely in FY24: Pankaj Murarka
“I still firmly believe that a lot of pent up demand exists in the economy and amongst consumers and businesses and as a result, the second half probably should be very strong or resilient in terms of growth. Now when you tie this into the market and given the fact that markets tend to discount 12 months forward earnings, Indian market at Nifty level will do something close to Rs 1,000 of EPS in FY24. ”
