Bernstein remains neutral on Nifty, 8-9% return expected this year

Bernstein Research has adopted a neutral outlook on the Nifty 50 index, India's benchmark stock market indicator. This position comes amid a complex investment environment, where global and domestic factors interplay to shape market sentiment and investor strategies. Bernstein’s neutral stance on the Nifty is rooted in its assessment that the Indian equity market is fully priced at current levels.