Nifty 50 at 26,500 in 4-5 months? Monarch Networth CEO points to 3 key triggers
60-Word AI Digest
Nifty 50 could reach 26,000-26,500 within four to five months, driven by cooling US Treasury yields, dollar weakness, and FII short covering, according to Monarch Networth Capital CEO Gaurav Bhandari. Strong monthly domestic inflows of Rs 31,000 crore provide additional support for valuation re-rating.
Key Takeaways
- Nifty 50 could reach 26,000-26,500 within four to five months, driven by cooling US Treasury yields, dollar weakness, and FII short covering, according to Monarch Networth Capital CEO Gaurav Bhandari.
- Strong monthly domestic inflows of Rs 31,000 crore provide additional support for valuation re-rating.
- Full details and original dispatch available below.
Nifty 50 could reach 26,000-26,500 within four to five months, driven by cooling US Treasury yields, dollar weakness, and FII short covering, according to Monarch Networth Capital CEO Gaurav Bhandari. Strong monthly domestic inflows of Rs 31,000 crore provide additional support for valuation re-rating.
Original Publisher Attribution
This summary was curated from Economic Times.