UBS reduces its 2023 Nifty goal to 18,000 as retail inflows begin to wane

As India is one of its top underweight markets in the developing market area in 2023, the Nifty objective for December 2023 is 18,000 points, a full 4 percentage.

A foreign firm anticipates a 4% drop in the Nifty objective of 18,000 points for the next year, citing rapidly declining consumer inflows into stocks.