Nifty target: 27,000 in 1-year - Why Emkay stock market experts are bullish despite poor performance

What happened: Emkay Global set a September 2027 Nifty 50 target of 27,000, about 20% upside, staying constructive on Indian equities after a prolonged correction. The Nifty rose 1.3% to 22,520.45 on 9 October, ending an eight-week losing streak. Key numbers: Nifty target 27,000 by September 2027 at 18.8x one-year forward earnings. Why it matters: Emkay said valuations sit below long-term averages, with 36% of covered companies below minus-one standard deviation versus 24% previously. It warned recovery depends on earnings breadth, margins and easing geopolitical and yield pressures.

Emkay Global set a September 2027 Nifty 50 target of 27,000, about 20% upside, staying constructive on Indian equities after a prolonged correction. The Nifty rose 1.3% to 22,520.45 on 9 October, ending an eight-week losing streak.

Emkay said valuations sit below long-term averages, with 36% of covered companies below minus-one standard deviation versus 24% previously. It warned recovery depends on earnings breadth, margins and easing geopolitical and yield pressures.