Indian stock markets will remain closed on April 4 and April 7 due to public holidays for Mahavir Jayanti and Good Friday. Moreover, the multi-commodity exchange too will be closed on April 4 till 5 pm and on April 7 for a full day. Last week markets ended FY23 on a strong note with nearly 2% growth, despite Nifty having a flat closing (-0.6%). The focus now remains on RBI’s policy meeting expected to take place later this week
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings