Srivastava sees downside risk for the Nifty 50 due to its modest earnings growth of 7.5% compared to a relatively high PE ratio of 21 times. He believes the market is expensive given current earnings, and a substantial pickup in earnings growth is not yet clear.

Rohit Srivastava’s track record: 16 graded calls · 95% CI 39–82%

Nifty 50BearishCalled 18 Feb 2026Graded 19 Jul 2026
Verdict:HIT

Nifty 50 decreased from ₹25454.35 to ₹24364.85, a decline of 4.28% over 60 days.

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