Nomura forecasts Nifty at 29,300 by December 2026
after close1 source ↓written by the desknot a recommendation
- by December 2026
- 29,300
- reflecting a potential
- 12% gain
Nomura projects the Nifty could reach 29,300 by December 2026, reflecting a potential 12% gain. However, the report warns that muted private capex could hinder this rally. Investors are advised to focus on careful stock picking as some market segments appear expensive. Key factors include low inflation and anticipated RBI rate cuts.
Not investment advice. For informational purposes only.