The redemption price of SGB is based on the simple average of the closing price of gold of 999 purity of the week (Monday, November 20-Friday, November 24), preceding the date of redemption, as published by the India Bullion and Jewellers Association Ltd. (IBJA).
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