We are dealing with a credit growth cycle, NIM cycle, credit cost cycle and the valuation cycle. Now when you look at credit growth that is reasonably strong across the board and therefore everybody benefits in a tide that is rising.
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