Market expert Rakesh Arora predicts a favourable phase for Indian stocks, with the Nifty 50 potentially rising to 28,000, driven by controlled inflation, stable interest rates, and improving investor flows.
Rakesh Arora has said Indian equities are entering a favourable phase, arguing that controlled inflation, steady interest rates and reasonable valuations have created what he described as a “Goldilocks” backdrop for the market. Speaking to Zee Business, the founder of GoIndiaStocks.com said the Nifty 50 could climb towards 27,000 to 28,000 in the medium term if earnings stay firm, crude prices remain contained and foreign investor flows improve.
Arora’s call comes as the benchmark sits well below those levels. The Nifty 50 closed at 24,570.65 on August 7, 2026, which means a move to 27,000 would imply gains of about 9.9% and 28,000 would mean an advance of roughly 14%. He also pointed to improving corporate results and a possible recovery in foreign institutional investor buying as support for the index.
His sector view remains tilted towards information technology and financials. Arora said Indian IT shares still look attractive after earlier concerns that artificial intelligence could disrupt the sector’s business model. He suggested the recent sell-off has left valuations appealing and sees room for a 15% to 20% rebound. On banks and non-banking financial companies, he said stable interest rates and better deposit growth should improve lending capacity and visibility on margins.
He was more cautious on metals, where he views the recent recovery as a trading bounce rather than the start of a sustained rally. Arora warned that supply is increasing while demand remains soft. That view sits alongside a broader market debate: other strategists have also spoken of a possible move to 27,000-28,000, while brokerages such as Citi have trimmed targets amid oil shocks and West Asia risks, and others including Emkay Global and Prabhudas Lilladher have taken more restrained positions on the near-term outlook.
Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.
