In the short term, the index will be considered in a bullish zone if it stays above 19,500. Fresh momentum can be expected above 19,870.
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