Gautam Shah, Founder of Goldilocks Global Research, reaffirms his positive outlook, expecting the Nifty to move towards 26,700 by the end of the year and 27,500 in the medium term.

He believes the index is making a strong effort to cross the crucial 26,100 level, which he sees as the key breakout point for the next leg higher.

According to Shah, the backdrop has turned more supportive in recent weeks. Global cues from the US have stabilised, the reversal of the AI-driven trade is aiding flows into emerging markets, domestic liquidity remains strong, and FII selling has eased. With GST-related measures likely to strengthen sentiment, a seasonally positive period underway, and earnings holding up well, he feels the market is well-positioned for a confirmed breakout above 26,100.

Beyond th

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