The Nifty 50 index is on track to test the 27,000 level by the end of 2026 or early 2027, according to a new outlook from market strategist Rohit Srivastava.
The projection underscores growing confidence in India’s equity market, driven by robust corporate earnings and favorable seasonal trends.
The strategist emphasized that the current environment favors selective accumulation rather than broad-based exposure.
Srivastava, founder of Indiacharts.com, advised investors to maintain a "buy on dips" stance, particularly in growth-oriented stocks.
He noted that while geopolitical uncertainties persist, they have not significantly dented the underlying momentum of the Indian market.
The strategist emphasized that the current environment favors selective accumulation rather than broad-based exposure.
This bullish view aligns with recent data showing Nifty 50 companies are poised for their strongest revenue growth in nearly three years during the first quarter of fiscal 2027.