Why Emkay is seeing Nifty at 29,000 by March 2027 despite oil shock, West Asia tensions
- Posted on May 19, 2026
- By Business News Today
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- 1 min read
Why Emkay is seeing Nifty at 29,000 by March 2027 despite oil shock, West Asia tensions
Emkay Global maintains a bullish outlook on Indian equities, projecting the Nifty could reach 29,000 by March 2027, driven by strong domestic growth, earnings recovery and policy support. The brokerage expects markets to navigate near-term volatility from geopolitical tensions & high crude prices. It also warns of macro risks from elevated oil but sees long-term structural growth in Indian equities intact.