Japan’s Nikkei index soared past 72,000 for the first time, fueled by enthusiastic AI investments that overshadowed concerns about US-Iran peace talks. The government’s ambitious plan to invest heavily in strategic sectors like AI and chips by 2040 further boosted market sentiment. Nonferrous metals and electric appliances were top performers, while J.Front Retailing surged on activist investor interest.
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