Nifty@20K, Sensex@75,000 by next Diwali if global factors don’t spoil momentum: Anmol Das

“Indian equities have only two headwinds for the next one year; each from economic and geopolitical perspectives. From an economic perspective, rising interest rates could act as a demand dampener for the export business of several Indian companies, thereby impacting the exports. On the geopolitical front, while the Russia-Ukraine war will remain a long lasting warring effort from both sides, we cannot be sure whose ego bubble will burst first, as now the tactical nuclear angle is also being explored.”