Nifty outlook: Jefferies’ Mahesh Nandurkar sees 8–9% returns, range-bound market ahead

Indian markets are expected to remain range-bound with 8–9% Nifty returns over the next year, says Jefferies Mahesh Nandurkar. Strong domestic inflows support downside, but equity supply and weak FPI participation cap significant upside, keeping consolidation intact.

Sep 17, 2025 - 16:00
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Nifty outlook: Jefferies’ Mahesh Nandurkar sees 8–9% returns, range-bound market ahead
Indian markets are expected to remain range-bound with 8–9% Nifty returns over the next year, says Jefferies Mahesh Nandurkar. Strong domestic inflows support downside, but equity supply and weak FPI participation cap significant upside, keeping consolidation intact.

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