International brokerage JPMorgan in its latest 'Global Strategy' report, highlighted that most Nifty companies that have released their Q4 results so far performed better than expected.
However, it warned that FY27 earnings are likely to face pressure from higher input prices and currency depreciation after the prolonged closure of the Strait of Hormuz, adding that the Nifty 50 index could fall to 20,500 in its bear-case scenario.
In this backdrop, JPMorgan has highlighted five sectors it remains overweight on, and 30 stocks part of these sectors.
International brokerage JPMorgan in its latest 'Global Strategy' report, highlighted that most Nifty companies that have released their Q4 results so far performed better than expected. However, it warned that FY27 earnings are likely to face pressure from higher input prices and currency depreciation after the prolonged closure of the Strait of Hormuz, adding that the Nifty 50 index could fall to 20,500 in its bear-case scenario. In this backdrop, JPMorgan has highlighted five sectors it remains overweight on, and 30 stocks part of these sectors.
