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Alpha Capital sees Nifty at 28,000 by 2027

Positive+4

GreyOak summary

Akhil Bhardwaj of Alpha Capital projects the Nifty 50 to reach 28,000 by 2027 as a base case, with 30,000 as a bull scenario. This outlook relies on low crude oil prices, stable geopolitics, and improving corporate earnings. Banking is highlighted as a preferred sector due to attractive valuations and healthy credit growth.

What it affects

  • NIFTY 50Positive +4

    Targeted at 28,000 base case by 2027.Rolling sentiment Positive +21

Source

Read the original at Moneycontrol

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