Citi, HSBC turn bullish on Indian stocks amid oil slide and AI rotation

Citi raised its end-2027 Nifty 50 target to 28,000 and HSBC upgraded India to overweight, citing an oil price slide and an AI-driven market rotation as catalysts for a revival in Indian equities.

Read the full story at Reuters AI ↗

Timeline · 1 report

2026-11-09 10:25 · Reuters AI
Citi, HSBC bet on India as oil slide, AI rotation fuel market revival

More stories

Citi Strategist Says Value and Quality Stocks Could Outperform AI Names — Bloomberg AI
Nvidia board opens independent probe after CEO Jensen Huang admits affair with suspected Chinese spy — Axios AI+
NVIDIA Announces Planned Investments in Korean Startups at MSIT Partnership Forum — NVIDIA Blog
NVIDIA, Rebellions and SK Telecom partner on Korea's sovereign AI infrastructure — NVIDIA Newsroom
STATERA Library Publishes Eight-Chapter Korean Series on Causality and Scientific AI — DEV Community — AI
Anthropic agrees $3.4bn deal for gas-fired generators to power AI data centres — Financial Times AI
Asian markets bounce back after a recovery for AI stocks on Wall Street — The Globe and Mail
Effective Altruism Movement Seeks to Reshape Its Public Image Amid AI Criticism — Barron's

Get the daily brief of stories like this at 6:30 every morning →