Nifty target: 27,000 in 1-year - Why Emkay stock market experts are bullish despite poor performance

Emkay expects Nifty 50 to rise nearly 20% to 27,000 by Sept 2027, supported by reasonable valuations, resilient earnings and strong domestic fundamentals. However, elevated oil prices, global uncertainty, uneven earnings growth pose risks, with index potentially falling to 21,000 in a downside case.