According to Chandan Taparia of Motilal Oswal, the Nifty needs to stay above 24,700 to keep pushing towards the 25,000 and 25,100 levels. If it drops, there’s support at 24,700 and then again at 24,550.
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