Yes Securities expects the Nifty to hit 32,000 in 2025. The domestic brokerage firm said, "With abundant liquidity to keep equities in the reckoning and growing institutional participation in the Indian markets, India is expected to continue gaining share in the emerging markets basket." Yes Securities had set a Nifty target of 21,000 by 2022. According to Yes Securities, household consumption will increase in the next four years to 46 per cent, with household savings at 19 per cent of GDP, increasing the quantum of disposable income. Though global markets impact the Indian outlook, Yes Securities predicts that the US taper tantrums will not spoil the party.

Source: The Hindu January 11, 2022 15:20 UTC