JP Morgan Forecasts Nifty 50 to Reach 30,000 by 2026: Impact of Rate Cuts and Tax Breaks on Indian Markets

Nov 27, 2025 02:03 am CST

JP Morgan predicts India's Nifty 50 index could rise to 30,000 by end-2026, representing a 15% upside driven by favorable monetary policy and tax cuts. Despite current underperformance against emerging markets, analysts expect domestic demand growth as inflation drops and interest rates decrease, with potential additional support from a US-India trade resolution.