New Delhi, Sept. 23 -- Indian equity markets have regained momentum after a two-month corrective phase, with Bajaj Broking projecting that the benchmark Nifty 50 index could hit a record high, climb to the 27,000 mark by March 2026, translating into an upside of over 7% from current levels.

In its latest report, the brokerage highlighted that the Nifty registered a higher high on the monthly chart for the first time in three months. The firm expects the index to maintain its bullish trajectory and retest its record high of 26,277 in the coming months.

"A decisive break above that level would lead to a rally towards 26,800-27,000 by March 2026," Bajaj Broking said.

According to the report, the index has strong support at 24,400-24,300 l...