Nifty may hit 29,500 by Q1 2027 on earnings rebound; Antique’s top picks include ICICI Bank and SBI

Antique Stock Broking expects an earnings-led recovery to drive Indian equities higher, with the Nifty targeting 29,500 by March 2027. The brokerage sees a profit upcycle in CY26, led by capital expenditure and financials, while remaining selective on consumption and midcaps. Stabilising FPI flows, improving earnings visibility and favourable macro conditions underpin its constructive outlook.