BofA Slashes Nifty FY27 Earnings Forecast Amid Geopolitical Uncertainty
Market Outlook Downgraded BofA Securities has significantly downgraded its Nifty earnings growth forecast for the 2026-2027 fiscal year (FY27), slashing its projection from 14 percent to 8.5 percent. The revision, announced by Amish Shah, Head of India Research at BofA, comes as the ongoing conflict in West Asia threatens to destabilize global commodity markets, inflate…