Monarch Networth Says Nifty Can Hit 28,000 In 2026, Picks Three Top Stocks

Nifty Set to Reach 28,000 by 2026, Says Monarch Networth Capital

Monarch Networth Capital forecasts that the Nifty index could soar to between 27,000 and 28,000 by 2026, underpinned by a rebound in earnings, increased capital expenditure, and a decline in interest rates. The brokerage emphasizes a positive outlook for the banking, telecom, and IT sectors.

In addition to these sectors, Monarch Networth sees potential in specific midcap and smallcap stocks, naming State Bank of India (SBI), HFCL, and Hindustan Copper as key picks for investors looking to capitalize on future growth.