Outlook 2025: Nifty target pegged at 26,300; FMCG, defence, among top high-growth sectors for 2025
Live MintOutlook 2025: Indian equities were buoyant amid a challenging and eventful year with higher volatility. Domestic equity benchmarks Nifty 50 and Sensex rose 8.8 per cent and 8.2 per cent, respectively, logging their ninth straight year of gains. "We forecast a base target of 26,300 for December 2025, suggesting a moderate return of 10 per cent year-on-year supported by expected earnings revamp from Q3FY25 onwards. India's real GDP growth is forecasted to rise to seven per cent in FY26 from 6.5 per cent in FY25, suggesting a stable domestic market and a positive outlook. “Within the equity portion, the focus should be on large-cap stocks, given that mid-cap valuations have returned to their historical peak ratios of 60 per cent relative to large caps,” said Geojit Financials.