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Bank On Banks! Feroze Azeez Sees Bank Nifty Beating Nifty Over Next 3 Years

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GreyOak summary

Anand Rathi Wealth's Feroze Azeez predicts Bank Nifty will outperform Nifty 50 by 3-5% annually over the next three years due to attractive valuations. He views FMCG as a recovery opportunity after an 8% underperformance. Azeez cites potential positive FII inflows and Moody's GDP upgrade to 7% as supporting factors for Indian equities.

What it affects

  • NIFTY BANKPositive 0

    Rolling sentiment Negative -20

  • NIFTY 50Neutral 0

    Benchmark for bank outperformance.Rolling sentiment Positive +27

  • Financial ServicesPositive 0

    Expected to outperform Nifty 50.Rolling sentiment Positive +29

Source

Read the original at NDTV Profit

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