Let's acknowledge the slowdown: Bernstein after Q2 earnings miss
- Posted on November 5, 2024
- By Business News Today
- 1 Views
Let's acknowledge the slowdown: Bernstein after Q2 earnings miss
Bernstein predicts a further decline in the Indian stock market due to a potential economic slowdown, with earnings misses becoming a trend across sectors. The firm forecasts the Nifty 50 index to drop to 23,500 by year-end, citing slowing growth and weak demand as key factors.