Emkay Global adds five stocks to model portfolio with strong upside potential. The brokerage firm expects oil prices to stabilize between $75 and $80 per barrel over the next one to two months, providing relief to energy-dependent sectors. UltraTech Cement and HPCL are among the five stocks added to the portfolio, with analysts projecting significant upside potential of up to 118 percent for selected names. Emkay Global maintains a constructive outlook on Indian equities, forecasting the Nifty 50 index to reach 29,000 by March 2027. This optimistic projection is anchored on easing geopolitical tensions, particularly following the U.S.-Iran ceasefire agreement. The brokerage believes this ceasefire could signal the beginning of a broader peace settlement in the Middle East, which would help restore normalcy and stability in global energy markets.
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