JPMorgan sees Nifty rising towards 27,000 by year-end
CNBC-TV18 59 min ago·21 Sept 2026, 5:22 am
JPMorgan India equity strategist Rajiv Batra says the market is likely to stay subdued until late October, after which a rally could lift the Nifty toward the 27,000 level by year‑end. The base case projects the move from mid‑November to the end of January.
The bank views the bearish scenario around 20,500 as less probable, pointing to mid‑cap, small‑cap and private‑bank stocks as the primary drivers of any upside. These segments may benefit from improving domestic demand and credit growth.
Investors should keep an eye on macro data such as inflation trends, RBI policy decisions and upcoming corporate earnings, especially from the highlighted sectors, to gauge whether the expected rally gains traction or faces renewed downside pressure.
Excerpt from CNBC-TV18
JPMorgan's Rajiv Batra expects a subdued phase for emerging markets until late October, followed by an upsurge in Indian equities toward the Nifty's 27,000 base case from mid-November to end-January. He sees the bear case of 20,500 as less likely and expects mid-caps, small-caps and private banks to lead. Disclaimer:…Read the original at CNBC-TV18
Key takeaways
- Category: Economy.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
