NIFTY Bull Case Intact: Strong Growth, Low Inflation, Higher Low

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NIFTY Bull Case Intact: Strong Growth, Low Inflation, Higher LowNifty 50 IndexNSE:NIFTYSniper-TradersIndian market continue to operate in a tug of war between the strong domestic fundamentals and global headwinds, but the underlying data keeps the bull case intact. Q2 FY26 GDP growth at 8.2% and CPI staying below the 1% have created rare high-growth, low inflation environment, limiting downside despite persistent FII selling. With market increasingly pricing in a rate cut cycle from early 2026 and expectations of the strongest earnings quarter in 2.5 years, domestic fundamentals remain firmly supportive. From a technical perspective, Nifty’s structure remains constructive. The index has repeatedly taken support near its 20-day and 50-day moving averages and is now moving higher, indicating active dip-buying rather than distribution. While the forward P/E of ~19.3x is at the higher end of the historical range, it remains defensible given sustained 8%+ GDP growth visibility and continued DII absorption of supply. My market bias remains bullish. I am currently holding NIFTYBEES for broad market exposure and Torrent Pharma for selective sector strength, while actively looking to add new swing positions in the coming weeks. This is not a broad-based rally—leadership remains selective—but as long as inflation stays benign and key moving averages hold, the market continues to favor a buy-on-dips, rotation-driven approach rather than aggressive shorts. 📢📢📢 If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly. Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments. Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too. Disclaimer : The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.