“India has just been marching forward and the US is clinging to the top spot but just by a hair. A lot of countries that are also very good for innovators are the UK, Singapore, Switzerland, Canada and a lot of the countries in Northern Europe. But countries like India and some of the countries in Latin America are marching up. It is a race to see which country is the freest and that will be where most of the great innovators come from.”
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
November 9, 2026