Nine of 10 economists polled by ET ahead of Thursday’s policy announcement expect a 25-bps increase. This week’s rate action is expected to be followed by a prolonged pause, with some respondents anticipating no further rate action for the remainder of FY24.
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