JPMorgan sees Nifty at 30k by 2026 end

THE NIFTY 50 index could climb to 30,000 by end2026, implying an upside of about 15% from current levels, supported by steady fiscal and monetary policy that are expected to fuel demand, JPMorgan said on Wednesday.

- REUTERS

While market valuations are still at a premium to other emerging markets, they have eased below long-term average after 14 months of underperformance, according to analysts Rajiv Batra and Rushit Mehta.