Kotak Securities sees Nifty at 29,120 by 2026; bull case at 32,032

Kotak Securities’ Shripal Shah and Shrikant Chouhan share their 2026 outlook, projecting Nifty at 29,000 with a bull case of 32,000. They highlight strong domestic flows, improving earnings, and leadership from BFSI, IT, healthcare and hospitality sectors.

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