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Asia

Nifty 50 above 27,000? PL Capital raises target, sees more upside in Indian stock markets but flags key risks

mint - markets · 1h ago · 🇮🇳 India

Nifty 50 above 27,000? PL Capital raises target, sees more upside in Indian stock markets but flags key risks

PL Capital has raised its one-year Nifty 50 target to 27,019, citing improved macroeconomic conditions, resilient demand, and easing oil prices, while cautioning about risks from geopolitical tensions and potential El Niño effects on markets and earnings.

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