JPMorgan says Nifty50 could hit 30,000 by 2026
JPMorgan thinks India's Nifty50 index might climb to 30,000 by the end of 2026.
They expect the index to move between 26,500 and 30,000 over the next several months.
Why does this matter?
If you're watching markets or thinking about investing, this is a big confidence boost for India.
JPMorgan sees earnings for top companies growing steadily (up 7% year-on-year in early FY26), with sectors like banks, real estate, and power leading the charge.
Plus, narrowing valuation gaps with other countries and moves like tax cuts or a possible RBI rate cut could keep India looking attractive to global investors.
What's fueling the optimism?
Stronger company profits, policy support from the government and RBI (like tax breaks and likely lower interest rates), plus hopes for a US-India trade deal—all these are expected to drive growth and keep investor interest high.