JP Morgan maintains Nifty target at 27,000 amid earnings growth
after close1 source ↓written by the desknot a recommendation
- for the Nifty
- 27,000 target
JP Morgan has reiterated its 27,000 target for the Nifty 50, citing strong earnings growth in Q1 FY27, the best since June 2024. The brokerage favors domestic cyclicals, highlighting Hitachi Energy, ABB, and NTPC as key beneficiaries of rising demand in power and data centers. Overall, earnings momentum is expected to strengthen further.
Not investment advice. For informational purposes only.