Rate cuts, tax breaks could lift India's Nifty 50 to 30,000 by end-2026, J.P. Morgan says Reuters Politics
On the daily chart, the index formed a solid bullish candle with wicks on both sides, indicating that while volatility persists, the underlying trend remains firmly positive, analysts said. Politics
Goldman Sachs upgrades India stock market to 'overweight, pegs Nifty 50 target at 29,000 for 2026 livemint.com Events
Goldman Sachs Upgrades India To 'Overweight', Sets Nifty Target At 29,000 NDTV Events
Goldman Sachs upgrades India to overweight, expects Nifty to rally to 29,000 India Today Politics
In addition, Goldman Sachs has raised India back to an Overweight position, expecting a 14% upside with an end-2026 NIFTY target of 29,000. Politics
He said the consumption recovery seen after the income tax and GST rate cuts has been patchy and needs to be sustained beyond the third quarter. Economics
On the other hand, the support for Nifty is seen in the range of 25,800–25,850. Politics