Nifty 50 could plunge 7,000 points by 2026: IndiaCharts founder warns
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News1809-02-2026, 13:07

Nifty 50 could plunge 7,000 points by 2026: IndiaCharts founder warns

  • Technical analyst Rohit Srivastava predicts Nifty 50 could fall to 19,000 by end of 2026 due to global headwinds and internal market weakness.
  • US indices show technical pattern breakdown, signaling further weakness that could impact Indian markets.
  • Nifty's recent rally after the India-US trade deal was not sustained, and failure to cross previous all-time high indicates pressure.
  • Srivastava suggests caution for investors, but notes Nifty could reach 30,000 with significant interest rate cuts and increased government spending.
  • Banking and sugar sectors are identified as relatively positive, with banking having value and sugar stocks potentially seeing a turnaround.

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