Positive impactEconomy
Nifty Could Hit A New High Soon; Intrinsic Value Around 27,000: Bajaj AMC's Nimesh Chandan
NDTV Profit 6 hrs ago·21 Jul 2026, 6:00 am
Economy NDTV Profit
Bajaj Asset Management Company's Chief Investment Officer, Nimesh Chandan, has turned bullish on the broader market. He suggests that the Nifty 50 index is poised to reach a new all-time high soon. This optimism is based on the belief that the current valuation of the index is reasonable, with its intrinsic value estimated to be around 27,000 points.
For investors, this outlook implies that the current market rally has room to expand. It signals that the risk-reward ratio is currently favorable, as the index is trading close to its perceived fair value. This perspective encourages investors to stay invested rather than book profits prematurely, provided their portfolio aligns with long-term financial goals.
Moving forward, investors should monitor key economic indicators and corporate earnings reports. These factors will determine if the market can sustain its upward momentum. Keeping an eye on global cues and domestic policy changes will also be crucial for navigating the path to the next peak.
Key takeaways
- Category: Economy.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. 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.
