Reliance Industries shares surged as investors anticipate significant value from the upcoming Jio Platforms IPO, alongside advancements in AI and new energy ventures. Brokerages foresee substantial stock upside, with the Jio IPO expected to offer clearer insights into its growth and profitability. The company’s ambitious plans, including an AI plant and scaling new energy, are fueling optimism for continued growth.
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