Citi Research raised its Nifty 50 target to 28,000 by the end of 2027, up from 26,000. The target is nearly 13% above Monday morning’s level, while the index remains down 4.91% for 2026. The revision follows the Nifty 50’s best week since February 2021. Despite this rebound, investors who bought on January 1 remain roughly at their starting point.
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