INSUBCONTINENT EXCLUSIVE:
MUMBAI: UBS sees the Nifty at 6,000 by March-end assuming coronavirus-related disruptions continue till September
In the base case scenario, the brokerage sees Nifty at 10,000 by March, assuming coronavirus-related disruptions end by June, and expects
earnings growth of 2% for the Nifty in the ongoing financial year
In the upside scenario, the brokerage has assumed a 5% earnings growth for Nifty constituents in FY21, with coronavirus-related disruptions
ending by mid-May, which would see the Nifty ending the financial year at 11,500.
