Data from the past 10 years shows that stocks removed from the Nifty 50 index often perform better than those newly added. Of the 28 excluded stocks analyzed, 17 outperformed their replacements. Research indicates that stocks removed from indices might experience initial drops but generally recover and outperform in the long term.
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