Markets may see turbulence, but Nifty can compound at 10–12% over 2-3 years: Varun Goel, Mirae Asset

This year, with tax and interest rate cuts, we expect the earnings cycle to complete and Nifty universe to deliver 10–11% earnings growth, said Varun Goel of Mira Asset. Over the long term, market returns tend to mirror earnings growth, he added.