Nifty may find support at 22,000, next bull run hinges on 30-40% earnings growth, says Amit Jeswani
CNBC-TV18 1 hr ago·3 Nov 2026, 9:05 am
Market veteran Amit Jeswani of Stallion Asset Management suggests the Nifty index may have found a support level around 22,000, potentially signaling the end of a recent downturn. He attributes this view to improving corporate earnings and more reasonable market valuations. This technical floor could act as a safety net for investors, preventing a deeper slide in the broader market.
For investors, this signals a period of stabilization rather than immediate explosive growth. Jeswani notes that the next major rally will depend on corporate profits growing by 30-40%. Until these earnings catch up with current prices, the market may remain in a consolidation phase. Investors should watch for signs of sustained profit growth and stable crude oil prices to gauge the strength of this recovery.
Key takeaways
- Category: Results.
- 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.
