Brokerages turn bullish on India as inflows fuel rally
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Global brokerages HSBC, Citigroup, and Jefferies upgraded their outlook on Indian equities.
- ✓They said, "India offers diversification and low volatility in Asian markets dominated by AI stocks." Strong earnings and foreign inflows helped the market.
- ✓Citigroup expects the Nifty 50 to reach 28,000 by the end of 2027, showing growth.
Story at a Glance
- Category
- Indian Markets
- Reported By
- The Economic Times
- Reading Speed
- 7 Minute(s)
- Market Focus
- India Economy
Synopsis
Global brokerages HSBC, Citigroup, and Jefferies have upgraded their outlook on Indian equities. They cite improving earnings prospects and attractive valuations as key factors for this optimism. Recent foreign fund inflows and reduced oil prices further support this positive sentiment. Citigroup anticipates significant growth in the Nifty 50 by the end of 2027. Overall, Indian equities are poised for a sharp recovery in the coming years.
Mumbai: Global brokerages HSBC, Citigroup and Jefferies have turned more bullish on Indian equities, citing improving earnings prospects, attractive valuations, and the potential for foreign fund inflows as the market stages a sharp recovery.
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The Economic Times
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