
The Nifty outlook for FY27 could hinge on the movement of the rupee and crude oil prices. Deven Choksey, MD, DR Choksey FinServ Private, explains why a weaker rupee towards 91–92 could influence the index, while a sharp fall in crude prices could support rupee appreciation and market sentiment. He outlines a potential downside scenario around 21,800 and an upside possibility towards 26,000 by March 2027, while highlighting the key factors investors should track in the coming months. Like, Share, and Subscribe to our channel Business Today.