“Returns are likely to be back loaded given the tough global backdrop and political uncertainty as the election approaches in 2Q24,” said Goldman Sachs’ analysts, including Sunil Koul, in the firm’s 2024 equity outlook note.
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