Brokerage firm Citi has cut its Nifty 50 target in its latest note on Thursday, June 11 to 26,000 from 27,000 earlier.

India

Who

Citi, Hormaz Fatakia

What

When

Thu, 11 Jun 2026 03:12:11 GMT · 2h 19m ago

Where

India ·

Why

The combined impact of geopolitics, AI & El-Nino risk has resulted in a subdued sentiment, particularly among FIIs.

The Frontline Impact

How this affects you

Citi's revised Nifty 50 target of 26,000, a cut from 27,000, indicates a more conservative outlook for the Indian market due to global and domestic factors like geopolitical tensions and AI's potential impact on jobs.

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Verified Sources & Citations

CNBC TV18
https://www.cnbctv18.com/market/nifty-50-target-cut-by-citi-to-26000-key-risk-factors-fii-ai-valuations-top-picks-hitachi-share-ws-el-19923437.htm
HIGH

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