Brokerage firm Monarch Networth Capital expects the Nifty to rise to 27,000-28,000 during calendar year 2026, implying meaningful upside from current levels, backed by a recovery in corporate earnings, continued capital expenditure and a supportive interest rate environment.
The brokerage estimates Nifty earnings per share (EPS) at 1,251 for FY27 and 1,443 for FY28, and believes India's structural growth story remains intact despite recent market volatility.
