“We are already in the midst of a good investment cycle unfolding in India supported by a strong post-Covid demand resurgence that has taken capacity utilization levels to new highs. With bank and corporate balance sheets now in relatively better shape, we think this cycle can maintain strength,” says Taher Badshah.
Nifty can cross 32K in 2026 bull case scenario: Kotak Securities
In a recent note, domestic brokerage firm Kotak Securities has projected a bull case target of 32,032 for the Nifty 50 index by December 2026,