Nifty 50 target for March 2025 at 24,800, says ICICI Securities (2024)

FAQs

Nifty 50 target for March 2025 at 24,800, says ICICI Securities? ›

Our one-year forward (March 2025) target for Nifty 50 stands at 24,800 and implies a 10% upside against the long-term expected returns of ~14%, analysts said.

In the long-term, we foresee a target of 26,500 for December 2025. The market estimates a stable earnings growth of 12 to 14% for the next 2-3yrs in anticipation of the average 7% GDP growth of India. The volatility, which increased during the year, has drastically reduced with the formation of a stable coalition.

According to analysts, ICICIBANK price target is 1319.20 INR with a max estimate of 1450.00 INR and a min estimate of 1102.00 INR.

Base Case Scenario: Assuming the Nifty continues to trade at the 15-year average PE of 19x, and considering the estimated EPS of 1358 for March 2026, the brokerage predicts the Nifty could reach 25,810 by December 2024. (An earlier estimate based on a slightly different EPS resulted in a target of 25,363).

According to analysts, ITC price target is 493.44 INR with a max estimate of 585.00 INR and a min estimate of 400.00 INR.

In 2024, Icici Prudential Life Insurance Comp Ltd (ICICIPRULI) is expected to experience strong growth, with an initial target of ₹620.98.

What is the ICICI Bank Share Price Target for 2030? ICICI Bank Share Price Target for 2030 is ₹5,160 to ₹5,689.

ICICI Bank Ltd. has an average target of 1292.43. The consensus estimate represents an upside of 16.89% from the last price of 1105.65. View 36 reports from 16 analysts offering long-term price targets for ICICI Bank Ltd..

When Nifty will reach 50,000? ›

If you get 15% compounded on a five-year basis, you're talking about 44,000-45,000 in the next five years. Nifty should kiss the 50,000 mark by 2030-2031.

Investing in Nifty Next 50 can be worthwhile for long-term growth as it includes potential future blue-chip companies, but it may carry higher volatility.

ICICI Securities has TTM P/E ratio 13.86 as compared to the sector P/E of 26.57. There are 2 analysts who have initiated coverage on ICICI Securities. There are 0 analysts who have given it a strong buy rating & 1 analysts have given it a buy rating. 0 analysts have given the stock a sell rating.

ICICI Securities has an overall rating of 3.6 out of 5, based on over 1,277 reviews left anonymously by employees. 62% of employees would recommend working at ICICI Securities to a friend and 72% have a positive outlook for the business. This rating has improved by 1% over the last 12 months.

High risk: ICICI Smallcap Fund is categorized as a "Very High" risk investment by SEBI due to its focus on small-cap stocks. This means it is more volatile than large-cap or mid-cap funds and can experience significant fluctuations in value. Long-term investment: Small-cap fun.

Investing in Nifty Next 50 can be worthwhile for long-term growth as it includes potential future blue-chip companies, but it may carry higher volatility.

Nifty 50 formed a long bull candle on the daily chart, which is indicating a possibility of decisive upside breakout of broader range movement at 23,600 - 23,700 levels. “One may expect upside momentum to pick up in the short term. The short-term trend of Nifty remains positive.

Raamdeo Agrawal: Nifty is hovering around 22,000 levels. If you get 15% compounded on a five-year basis, you're talking about 44,000-45,000 in the next five years. Nifty should kiss the 50,000 mark by 2030-2031.