Nifty to hit 29,000 in 2026, BofA lists 7 reasons why – Bullish Outlook
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Domestic institutional investors continue to funnel $5–6 billion per month into equities, providing a steady cushion for market valuations. With equity allocation in household portfolios still low, BofA argued domestic flows have a “long runway,” helping the Nifty maintain its +1SD valuation multiple.
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