47
Markets1h 58m ago

Citi Research has lowered its 12-month Nifty target to 26,000, citing a five-year low in global emerging market fund allocations and global AI infrastructure shifts.

India

Who
Citi Research, PL Capital
What
Citi Research has lowered its 12-month Nifty target to 26,000, citing a five-year low in global emerging market fund allocations and global AI infrastructure shifts.
When
Thu, 11 Jun 2026 15:17:40 GMT · 1h 58m ago
Where
India ·
Why
The Nifty target was lowered due to persistent geopolitical uncertainty, macroeconomic challenges, India's limited participation in the global AI infrastructure buildout, and weather-related risks.
The Frontline Impact

How this affects you

India's stock market Nifty index is projected to reach 26,000, a decrease from a previous estimate, reflecting investor concerns over global geopolitical stability and AI development trends. This indicates a cautious outlook on India's market performance, with foreign investor sentiment remaining subdued.

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