Company updateCNBC-TV18
Bernstein raises Nifty 50 target to 26,100
Positive+122 sources
GreyOak summary
Bernstein raised its year-end Nifty 50 target to 26,100 from 25,000, citing strong corporate earnings and FII flows. However, the firm remains neutral for the next 12 months due to weak tax collections, high fertilizer subsidies, and limited AI exposure for India.
What it affects
- NIFTY 50Positive +12
Target raised to 26,100 from 25,000.Rolling sentiment Positive +40