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Citi Research raises Nifty 50 target to 28,000

BeInCrypto · ·by G4L

HSBC HSBC Holdings plc ADR
$90.22 +3.63%
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  1. 1Citi Research set a Nifty 50 target of 28,000 by the end of 2027.
  2. 2It projected a 13% upside for the Nifty 50 compared to Monday morning levels, following a 4.91% decline in 2026.
  3. 3The Nifty 50 earnings growth rate is expected to be 15% to 16% over one year through fiscal year 2028.

So what's the key point?

Citi Research expects the Nifty 50 index to rise to 28,000. This means the index could go up by 13% from its current level.

Source BeInCrypto · View original ↗

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