Benchmark index Nifty 50 has tumbled almost 13 percent from its all-time high recorded in September 2024. Citi Research sees the frontline making up the gains to hit the 26,000-level by December 2025, indicating a 13 percent upside from current levels. The brokerage reiterated its ‘buy’ rating on HDFC Bank, Kotak Mahindra Bank, Maruti Suzuki, Endurance Technologies, HDFC Life, Torrent Pharma, and MakeMyTrip. On the sectoral front, Citi is overweight on banks, telecom and healthcare, while on the flip side, the brokerage is underweight on IT, metals and consumer discretionary counters. The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Money Control.com advises users to check with certified experts before taking any investment decisions. For confidential support call the Samaritans in the UK on 08457 90 90 90, visit a local Samaritans branch or click here for details.
