Indian Equity Markets News

The Indian stock market began on a positive note, with both Sensex and Nifty 50 showing gains. Analysts recommend a buy-on-dips strategy as long as Nifty 50 holds above 24,960, with a favorable outlook for banking and metal sectors.

Nifty 50 target: Indian equity markets are showing renewed momentum, with Bajaj Broking forecasting the Nifty index could reach 27,000 by March 2026. The index has strong support levels, and a 'buy-on-dips' strategy is recommended amid ongoing geopolitical tensions.

Indian equity markets have been volatile over the past year, with the Nifty 50 and BSE Sensex falling 0.3% and 0.5%, respectively. Many stocks, including Sterling and Wilson and Tejas Networks, saw significant declines, while others like JSW Holdings delivered strong returns.

Defence stocks fell by 1-4% despite a rebound in Indian equity markets following GST rate simplification to 5% and 18%. Analysts suggest a cautious approach for momentum traders while remaining optimistic about the sector's fundamentals and self-reliance goals.

Equities are projected to be the best-performing asset class in FY26, with Nifty 50 expected to yield 12-15% returns. Strong domestic demand and GDP growth, alongside improved corporate earnings, support this positive outlook despite global uncertainties.