The new year is just around the corner, and many investors are expecting an exciting journey. This is particularly true for the stock market, and in India, investors will be paying close attention to one of the most transcending indices – the Nifty 50.
This is one of the most followed stock indices in India, and is based on the top 50 most actively traded stocks on the National Stock Exchange (NSE). According to leading analysts, Nifty is likely to enter the new year on a strong footing, as some of the top stocks included in the index are particularly stable and expected to have a good run throughout 2021.
Apart from this, expert analysts are also expecting that with COVID-19 pandemic bringing the world economy to its knees, stocks based on the Nifty 50 are likely to do relatively better when compared to other mid-cap and small-cap stocks. This is due to the fact that companies listed on the Nifty 50 allow for liquidity and have more chances of long-term success.
In addition to this, the Nifty 50 is also expected to gain strength from the government’s “Atmanirbhar Bharat” policy, which stands for self-reliance in India. This policy has many proposed reforms to spur growth, particularly in the industrial and infrastructure sectors, and companies included in the Nifty 50 stand to especially benefit.
All in all, the Nifty 50 is poised to ring in the new year on an upbeat note, and investors will do well to seize this opportunity. That being said, investors should always stay invested with the right amount of consideration for their risk appetite. A balanced approach will go a long way in achieving sustainable growth in 2021.
Ring In The New Year with NIFTY: What to Expect This Week!
