JP Morgan projects Nifty 50 could reach 30,000 by end-2026

JP Morgan estimated that India’s Nifty 50 index has the potential to rise to 30,000 by late-2026, supported by expected rate cuts, tax incentives and resilient macro fundamentals. The bank highlighted that policy easing could create favourable liquidity conditions for equities. The projection adds to recent bullish forecasts as domestic markets continue to post record levels in November.