So far in 2023, Nifty has declined nearly 7% amid unfavourable global cues and relentless FIIs selling. However, a host of brokerage firms have initiated coverage on several stocks. They see a strong potential in these companies, with a targeted upside of up to 56%. These stocks belong to various industries such as information technology, consumer electronics and garments & apparel. Here is a list of six stocks on which brokerages initiated coverage:
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
November 9, 2026