Nifty 50 Is Still Down 4.91% in 2026, So Why Does Citi See 13% Upside?

Citi Research raised its Nifty 50 target to 28,000 by the end of 2027, up from 26,000. That sits nearly 13% above Monday morning’s level, and the index remains 4.91% down for 2026. The call follows the Nifty 50’s best week since February 2021. Even so, holders who bought on January 1 are still about

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