Citi Lowers Nifty Forecast to 26,000 Citing Geopolitical Risks and AI Uncertainty

Citi has revised its outlook for India's Nifty index, setting a new target of 26,000 points. The adjustment reflects rising geopolitical risks affecting market sentiment. Citi also cites concerns over the impact of artificial intelligence on equities. Analysts note that policy uncertainty in key regions adds volatility. The revised forecast suggests a more cautious stance on Indian equities. Investors are advised to monitor developments in both geopolitics and AI regulation. Citi's research team expects slower growth for sectors sensitive to AI disruption. The target will be reviewed as new information emerges.