Monarch Capital CEO predicts Nifty 50 record high within 4-5 months.
Context
What happened: Monarch Networth Capital CEO Gaurav Bhandari expects the Nifty 50 to reach 26,000 to 26,500 within four to five months.
Key numbers: Target range 26,000 to 26,500. Timeframe four to five months.
Why it matters: Bhandari ties the forecast to weaker US bond yields and dollar, a global shift toward equities, and continued domestic inflows.
What changed
Monarch Networth Capital CEO Gaurav Bhandari expects the Nifty 50 to reach 26,000 to 26,500 within four to five months.
Why it matters
Bhandari ties the forecast to weaker US bond yields and dollar, a global shift toward equities, and continued domestic inflows.