According to BeInCrypto, Citi Research has raised its Nifty 50 target to 28,000 by the end of 2027, increasing from a previous level of 26,000. This projection represents nearly a 13% increase from the index’s level at Monday morning. Despite this outlook, the Nifty 50 index remains 4.91% down for the year 2026. The target update follows the index’s best week since February 2021. Holders who purchased shares on January 1 continue to hold positions through the current performance.
