Nifty bull 29-30k Aug-Sep'26 on crude $64 crash/DII/RBI/sector rots despite FII vol
Key Questions
What is the bull case target for Nifty?
Experts including Khemani, Munot, Mishra, Mookim, Thakkar, and Tiwari project Nifty reaching 29,000-30,000 by August-September 2026 on crude price relief and DII support.
What conditions are needed for Nifty to hit 29-30k?
A sharp drop in crude to $64, weaker USD, FII return, and continued DII buying in sectors like power, pharma, defence, and metals are seen as key triggers.
How do valuations compare amid the bull outlook?
Nifty trades at 18.1x forward earnings, which appears reasonable versus emerging market peers despite elevated valuations in some segments.
Khemani/Munot/Mishra/Mookim/Thakkar/Tiwari eye 29-30k/FII return on oil relief/weak USD/smallcaps caution/DII GDP/auto/largecaps vs FII/rupee/IT AI headwinds/Citi; power/pharma/def/metals/food proc pivots/index dip buys/ROE undervalued.
Sources (2)
Updated May 15, 2026