India’s audit market in FY26 remained dominated by large firms, with EY, KPMG and Deloitte leading by audit volume and market capitalisation exposure. Concentration persists, with limited firms handling multiple mandates, while auditor exits and tenure completions signal ongoing churn within the listed companies’ audit ecosystem.
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