NEW DELHI: A “Goldilocks” year is in store for India in 2026 with double‑digit nominal growth falling rates, stable currency, and easing global risks combine to create a fertile backdrop for equities, led by metals, BFSI, capital goods, and defence, a report said on Saturday.
The report from HDFC Securities said that 2026 looks forecasted Nifty earnings growth of about 16 per cent for FY27, set a 2026 return expectation of around 11 per cent and put a year‑end Nifty target at 28, 720.
RBI–government reflation push through rate cuts, CRR reduction, and liquidity infusion supports domestic demand in 2026.