Expert Speak

She believes that the complications would continue until both the tax regimes (old and new) are merged. She also recommends restoring a few tax deductions in the new tax regime to mobilise savings among themiddle class taxpayers.

Preeti Sharma, Partner, Global Employer Services, Tax & Regulatory Services of BDO India shares her views on tax filing process, income tax forms,new tax regime and recommendations for tax department

Trivesh D, COO of Tradejini, predicts continued market volatility and does not expect the Nifty50 to reach new highs this year. He advises maintaining asset allocation and gradually investing for long-term growth, considering current market uncertainties.

Himanshu Kohli, Co-founder of Client Associates, believes the Nifty level of 23,500 is reasonable with a year-end target of 26,000. He advises investors to be cautious of profit-booking in overbought segments and emphasizes the need for broad-based earnings growth for future rallies.

Devarsh Vakil of HDFC Securities advises investors to focus on large-cap stocks due to stronger earnings growth and attractive valuations. He highlights that large banks are well-positioned for the current cycle and stressed asset recoveries will support PSU bank growth.

Budget 2025: Rohit Murarka from Kotak Cherry suggests that the market anticipates a budget stimulus due to the economic slowdown. He advises diversifying investments across equities, fixed income, real estate, and commodities to mitigate risks and ensure stable returns amid market fluctuations.

Neeraj Chadawar from Axis Securities maintains a Dec'25 Nifty target of 26,100, citing improved earnings as key to market returns. He advises long-term investment over timing the market, predicting growth in the Indian economy and sectors like healthcare and infrastructure in 2025.

Expert View: Himani Shah from Alchemy Capital predicts Nifty 50 will close 2024 between 24,600 and 25,100, driven by interest rates and elections. Key sectors include capital goods and EMS, while the new RBI governor may focus on balancing inflation and growth amid global uncertainties.

Trivesh D, COO Tradejini believes while the market may remain stable, investors should prepare for modest gains as the pace of growth slows. He advised that it’s wise to adopt a ‘wait and watch’ strategy instead of rushing to buy on dips.

Ravi Singh of Religare Broking believes the current market outlook appears unpromising for the next few months. He advised initiating fresh long positions only if Nifty decisively breaches the 24,500 level, as this could indicate the beginning of sustained bullish momentum.