JPMorgan sees Nifty50 at 30,000 by 2026 in bullish India outlook

JPMorgan has raised its base-case target for the Nifty50 to 30,000 by end-2026, signalling strong bullishness on Indian equities. The firm cites supportive macro conditions, aligned fiscal and monetary policies, resilient domestic flows, and solid fundamentals as key drivers. It also reiterates its preference for domestic-facing sectors, viewing Indias premium valuations as sustainable.