The Nifty seems poised for further upside towards the 17,500-17,700 level. However, this zone would be a tough nut to crack since we have a gap area near 17,500, and the upper end of the falling channel is near the 17,700 mark. The markets won’t have a unidirectional move in the first half of 2023.
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