Axis Securities has set a base-case Nifty target of 28,100 for December 2026, expecting markets to shift from valuation-led consolidation to an earnings-driven cycle. Improving macro fundamentals, resilient domestic demand, rising corporate earnings and strong domestic liquidity are seen supporting equities, with a buy-on-dips strategy recommended despite global and currency-related risks.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets