23 Sep 2025 | 5 Mins Read

HDFC Tru head sees Nifty 50 reaching new highs by FY26-end, cites risks

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Pranab Uniyal predicts Nifty 50 may hit a record high by end of FY26 if tariff issues are resolved and major sectors like IT and pharma are not targeted. Key risks include the H-1B visa fee hike and HIRE Act, which could impact India's IT sector. Uniyal expects earnings growth to pick up in FY27, led by sectors like banking and consumer staples, with Nifty reaching a new high by the end of FY26.