Rate cuts, tax breaks could lift India’s Nifty 50 to 30,000 by end-2026, J.P. Morgan says

India’s benchmark Nifty 50 index could climb to 30,000 by end-2026, implying an upside of about 15% from current levels, supported by steady fiscal and monetary policy that are expected to fuel demand, J.P. Morgan said on Wednesday.

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