Nifty to hit 27,950 in 12 months on 16% earnings CAGR, trade boost: Report
Nifty to hit 27,950 in 12 months on 16% earnings CAGR, trade boost: Report
- •PL Capital projects Nifty target of 27,958 in 12 months, driven by earnings visibility, trade breakthroughs, and sustained capital expenditure.
- •India's growth narrative is entering a decisive phase with policy clarity, landmark trade agreements, and infrastructure spending.
- •Despite recent EPS downgrades, PL Capital expects earnings growth to accelerate, projecting a 16.3% CAGR between FY26 and FY28.
- •Recent trade progress, including the India-EU Free Trade Agreement and easing US tariffs, strengthens the external outlook for various sectors.
- •Union Budget 2026-27 prioritizes capital formation, with central capex up 12% and overall capex up 22%, fueling growth in key sectors.
