Daijiworld Media Network - Mumbai

Mumbai, Dec 4: India’s benchmark equity index Nifty 50 is gearing up for a powerful start to 2026, with global brokerage CLSA forecasting the index to rise up to 28,800 points in the coming year. The projection comes soon after Nifty scaled new lifetime highs following a long gap of 189 trading sessions.

Laurence Balanco, Technical Analyst at CLSA, said seasoned market strength in December is expected to give a solid head-start to the New Year. “We expect the market to continue its upward momentum and work its way to 28,800 in 2026,” he said in a market outlook shared with NDTV Profit.

While Balanco anticipates some volatility in the second and third quarters of 2026, he believes the weakening US dollar will significantly favour emerging markets, inclu

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