Indian markets are expected to face several headwinds over the next 12 months including elevated US interest rates, El Nino’s impact on crops and inflation, volatile crude and the election year in India, Prabhudas Lilladher said in a note. As it picks a dozen stocks in large, mid and smallcap segments as buys, it also gives four stocks as contra buy and sell candidates. Take a look!
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