Nifty upside limited, but stock-specific opportunities remain: Pramod Amthe (opens original article in a new tab)

India's equity markets face challenges from inflation, monsoon uncertainty, and oil prices, but stock-specific opportunities exist. Pramod Amthe projects a modest Nifty target of 25,439 by March 2027, with a base case of 26,705 if oil stays below $90 and monsoons are normal. FMCG, autos, NBFCs, and private banks are preferred sectors, while tractors and smaller FMCG firms face risks from weak monsoons.

• India's equity markets face challenges from inflation, monsoon uncertainty, and oil prices, but stock-specific opportunities exist.
• Pramod Amthe projects a modest Nifty target of 25,439 by March 2027, with a base case of 26,705 if oil stays below $90 and monsoons are normal.
• FMCG, autos, NBFCs, and private banks are preferred sectors, while tractors and smaller FMCG firms face risks from weak monsoons.