Key Highlights
- Experts believe that the market may remain lacklustre until the December quarter earnings start coming out and an India-US trade deal is announced.
- However, the market may see healthy growth in the next year due to expected earnings growth and healthy growth-inflation dynamics.
- Vinit Bolinjkar, the head of research at Ventura, said for 2026, the Nifty 50 outlook remains constructive, supported by a combination of steady tax revenues, a stable GST regime, rising disposable income and an anticipated US trade deal that should sustain both consumption and corporate earnings.
- On the technical and valuation front, Bolinjkar believes a close above 26,300 will be a very important technical trigger and is likely to confirm a fresh upward trend for the index over the next 12 months, which coincides with a healthy earnings yield and strong domestic institutional and retail flows.
- "Assuming continued policy continuity and no major global shock, Nifty can reasonably work its way towards the 29,000 level by the end of FY26, implying mid‑teens upside over the next 12 months.
