Motilal Oswal says Nifty 50 is 12% below September 2024 peak
In short
Motilal Oswal said the Nifty 50 is 12% below its September 2024 peak. The summary said metals and PSU banks have done better, while technology, consumer, media and real estate have lagged.
This matters because it shows which market groups are leading and which are weak. The report does not give the full note, target levels, or any fresh trading trigger.
What the reporting says
Motilal Oswal said the Nifty 50 is 12% below its September 2024 peak, according to the BusinessLine Markets summary. The same summary said metals and PSU banks have been key outperformers, while technology, consumer, media and real estate have lagged. The excerpt does not include the note’s broader valuation view or any target levels.
Why it matters
Motilal Oswal’s market note said the Nifty 50 remains 12% below its September 2024 peak. The summary also highlighted relative strength in metals and PSU banks, with weakness in technology, consumer, media and real estate. The available reporting does not include the full valuation thesis, index level, or any action recommendation.