Geojit Financial Services has raised its Nifty 50 target to 29,150 by December 2026, citing improving domestic macro indicators and receding global headwinds. The brokerage anticipates a positive earnings cycle, supported by benign inflation, strong retail participation, and supportive policy. Geojit recommends a portfolio allocation strategy for 2026, favoring large-cap equities with a suggested mix of 60% large caps, 15% mid caps, 10% small caps, 10% debt, and 5% gold/silver.