Nifty target raised to 28,000 from 26,000 ; Citi

Citi says Over the past two years, Al has crowded out almost everything else. Our analysis suggests a ~100bp increase in India active weight could drive ~$12bn of inflows; combined with resilient domestic flows, creating a supportive backdrop. This i thought was imp from the note - recent $5b inflow pushed up benchmarks by ~10%! What if we see more inflows depending on if / by how much Fll bring down their India UW

← Back to feed