Emkay Global has retained a bullish long-term outlook on Indian equities despite rising geopolitical tensions and elevated crude oil prices, saying the Nifty could climb to 29,000 by March 2027 as domestic growth drivers remain intact.
In its latest India strategy report, the brokerage said India’s macroeconomic resilience, improving earnings outlook, and continued policy support are likely to help markets weather near-term global volatility.
