According to Nagaraj Shetti of HDFC Securities, the Nifty’s overall trend is still positive. If it can maintain a position above 24,700, we could see it reach 25,000-25,100 soon. The immediate support level is at 24,500.
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