The short-term trend for Nifty remains positive. Currently positioned at the key resistance level around 24,700, there may be some consolidation or a minor dip over the next 1-2 sessions before it potentially breaks out further to the upside.
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