Citi Research
Citi Raises Nifty 50 Forecast to 28,000 Points by End of 2027
Citi Research has revised its forecast for the Indian Nifty 50 index from 26,000 to 28,000 points by the end of 2027. The bank anticipates growth in corporate earnings, a decline in oil prices, and a return of foreign investors. The new target is approximately 12% above the index level as of November 8.