Nifty 50 Could Hit 26,500 on US Yields and Inflows
· Business · Economic Times, LiveMint
Monarch Networth Capital CEO Gaurav Bhandari projects that the Nifty 50 could reach all-time highs of 26,000 to 26,500 within the next four to five months. The projected rally is expected to be driven by cooling US Treasury yields, a weakening dollar, and foreign institutional investor short covering. Domestic institutional inflows of Rs 31,000 crore per month continue to provide strong foundational support for Indian equity valuations. However, Bhandari noted that elevated global borrowing costs, including the US 10-year Treasury yield reaching a 24-year high of 5.35%, remain a key macroeconomic concern. The realization of the Nifty target depends heavily on favorable shifts in global market conditions and sustained investor sentiment.
Why it matters
The forecast offers a roadmap for retail and institutional investors navigating potential market volatility driven by US monetary policy and domestic liquidity.
Read the original report — Economic Times
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