The stock market, which has been giving bumper returns for many years, do not expect much in 2025; Why did the expert say this?

Market Expectations for 2025: Reilly said that the market has given more profit for many years so far. But in the new year, investors need to lower their expectations. Most investors in the market are those who have entered the market after 2020.

HDFC Securities: If you also invest in the stock market, then this news is for you. In the year 2025, equity returns may be lower than in the last few years, HDFC Securities expected. After several years of growth, equity investors need to lower their expectations of returns in the new year 2025. The 50-share NSE Nifty is expected to be at 26,482 points at the end of 2025, a jump of more than 10 per cent from Thursday's close of 23,951 points, the brokerage company said.

For many years, the market has given more profit.

Dheeraj Reilly, MD & CEO, HDFC Securities, said stocks will outperform any other asset class in 2025. With this, India's long-term story is also intact. "For many years now, the market has given more profit. Most investors in the market are those who have entered the market after the year 2020 and they have never seen a sharp decline in their investment journey.

The brokerage company has expressed concern over the response of investors after 10 years. "The big concern here is that we are approaching 2025 with a fully valued market. Reilly also said that policy changes in the US next year could lead to higher inflation and that the steps taken under the monetary policy would be insufficient to deal with it. "Monetary policy can only address the demand side of inflation," Reilly said.

Global debt rises to nearly $323 trillion He said, if tariffs make more goods more expensive and continued geo-telecom issues make the supply side more difficult. This can lead to more adverse conditions on the inflation front. He also said that the rising global debt is a matter of concern for the markets. Global debt has increased to about $ 323 trillion. This is many times more than the global GDP. I think these are not sustainable and that too especially when you still have high interest rates going on.