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Nifty 50 Eyes 28,000 By December 2027, Citi Sees 12% Upside As Earnings Strengthen And Global AI Spending Slows

Nifty 50 Eyes 28,000 By December 2027, Citi Sees 12% Upside As Earnings Strengthen And Global AI Spending Slows
Photo: Free Press Journal · view original

Mumbai: India's benchmark Nifty 50 could climb to 28,000 by December 2027, supported by stronger corporate earnings, falling crude oil prices and a possible slowdown in global artificial intelligence (AI) investments, according to a report by Citi Research. The brokerage's target indicates an ups...

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