Stock market: JP Morgan pegs Nifty50 at 30,000 by 2026 — what is fueling the bullish stance?

Global investment banking giant JP Morgan has sharply raised its base-case Nifty50 target to 30,000 by end-2026, signalling a firm bullish stance on Indian equities.In its latest India Equity Strategy note, the firm said that India’s macroeconomic backdrop remains supportive, with fiscal and monetary policies “aligned to drive growth, sentiment, and earnings.” The report adds…

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Overseas holdings under scrutiny: IT dept flags non-disclosure; taxpayers get last chance to revise ITRs- get details

The Income Tax department on Thursday said it has identified “high-risk” cases in which individuals have not reported foreign assets in their income tax returns (ITRs) for Assessment Year (AY) 2025–26. Beginning November 28, the department will send SMS and email alerts to such taxpayers, advising them to file a revised return by December 31,…

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