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Citi raises Nifty 50 target to 28,000, explains four major factors behind its bullish call

Reported by: CNBC TV18 ·

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Bajaj Finance

Summary

Citi has added Bajaj Finance to its list of top picks, citing growth visibility and a diversified product bouquet and healthy provisioning buffer which will support earnings resilience and superior return ratios.

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CNBC TV18  · · Tone +1

Citi raises Nifty 50 target to 28,000, explains four major factors behind its bullish call

Citi has added Bajaj Finance to its list of top picks, citing growth visibility and a diversified product bouquet and healthy provisioning buffer which will support earnings resilience and superior return ratios.

Some headlines quote an analyst. Those views are theirs, not ours.

Key terms

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  • Nifty

    The Sensex and the Nifty 50 are scoreboards for a group of big Indian companies. Learn what they measure and how to read "Sensex up 300 points".

    Learn: What are the Sensex and the Nifty?

  • earnings

    Revenue, profit, margins and EPS: what the numbers in a quarterly result mean, why year-on-year and quarter-on-quarter differ, and what a headline can leave out.

    Learn: How to read a company's results

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