Fact News Service
Chandigarh, December 10: Citi (Citigroup) has projected that India’s benchmark stock index Nifty 50 could rise by about 10.3% by end-2026, reaching approximately 28,500 points.
This bullish outlook is anchored on expectations of a rebound in consumption and a strengthening domestic demand environment, which analysts at Citi believe will fuel corporate earnings and boost investor sentiment.
The forecast comes at a time of increasing optimism, as recent policy announcements and large-scale investments in technology by global firms are generating a positive macroeconomic environment for India. Together, these factors are expected to strengthen India’s growth trajectory, attract foreign investment and stimulate domestic demand.
If the projection holds, the anticipated rise in the stock market could benefit both retail and institutional investors. Gains in valuations may encourage more investments in equities, potentially leading to wealth creation and increased liquidity in the markets.
However, analysts also caution that the forecast depends on macroeconomic stability, sustained consumer demand, and global economic conditions — any adverse global shocks or domestic headwinds (like inflation, currency volatility or geopolitical issues) could alter the trajectory.
Overall, the Citi projection reflects growing investor confidence in India’s economic fundamentals and corporate growth potential, marking a positive sign for markets, policymakers, and investors alike.