FOUND: Ubs cuts 2023 nifty target by 4 to 18 000 as retail inflows ebb - What They Never Told You

MUMBAI: Citing fast-ebbing household inflows into equities, whittling down foreign inflows, and rising bank deposit rates, a foreign brokerage sees a 4 per cent downside to the Nifty target at 18,000 points for the next year from the current levels.

After a massive blood bath last week, the Nifty closed at 18,452, gaining over 151 points, on Monday.