scorecardresearchMajor macro events done; Nifty could trade within a range, says BofA Securities

Major macro events done; Nifty could trade within a range, says BofA Securities

Updated: 30 Aug 2022, 09:18 AM IST
TL;DR.
  • BofA Securities said that a mild recession in the US or muted global growth is now priced in. However, a sharp impact on global growth would lead to risk-off trade, impacting EMs.
BofA Securities expects Nifty to trade within a range of 17,000-19,500.

BofA Securities expects Nifty to trade within a range of 17,000-19,500.