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Nifty could rise 12-15% over the medium term, says Sampath Reddy of Bajaj Allianz Life Insurance

Updated : July 04, 2019 12:49 PM IST

In the past few years, market returns were driven more by P/E expansion and less by corporate earnings growth: Reddy
The market hopes that the Union Budget will address rural distress affecting the economy: Reddy
We continue to prefer large well run private banks and a few NBFCs that have demonstrated good asset quality: Reddy
Nifty could rise 12-15% over the medium term, says Sampath Reddy of Bajaj Allianz Life Insurance

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