Prashant Jain Forecasts 45-50% Nifty Rally in Three Years, Increases Small and Midcap Holdings

Summary

Veteran investor Prashant Jain predicts the Nifty will achieve 45–50% returns over the next three years, driven by earnings growth and valuation re-rating. His PMS is increasing exposure to small and midcap stocks as macro risks ease and domestic fundamentals improve.