Markets◆ Mixed
Rakesh Jhunjhunwala's Nifty 2030 Prediction: Did the Big Bull Get It Wrong?
· NDTV Profit
Among Rakesh Jhunjhunwala's many famous calls, one prediction still turns heads for its sheer audacity: the forecast that the Nifty 50 would hit a staggering 1,25,000 by the year 2030.
The analysis
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Market context
- This is a market-wide development — its reach goes beyond any single stock.