JP Morgan warns of FY27 earnings risk, says Nifty can fall to 20,500 in bear case

JP Morgan has cautioned that Indias FY27 earnings face significant risks from an extended energy and logistics shock linked to the Middle East conflict. The brokerage warned that the Nifty50 could slip to 20,500 in a bear case, even as it maintains a 27,000 base-case target amid fragile macro signals.

Raccontata daeconomictimes.indiatimes.com