Nifty could plunge to 21,500 in 3 months on US recession fears: Emkay Global

Emkay warns Nifty could fall to 21,500 in 3 months amid US recession fears

India may dodge direct tariff impact, but global slowdown could hit earnings

Sectors at risk: metals, tech, autos, chemicals due to demand and price pressures

FY26 Nifty EPS estimate cut by 3%; long-term Nifty target set at 26,000 for Mar-26