The index tracking the rupee’s value against a weighted basket of 40 trading partners, adjusted for inflation, climbed to 107.33, its highest level since December 2017, according to Reserve Bank of India data.
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