Nifty 50 target: Index in sweet spot? 28,000 soon? HSBC, Citi and Bernstein raise targets after sharp 13.5% recovery

The Nifty 50 index has recovered sharply by 13.5% and is now in a sweet spot, according to analysts from HSBC, Citi, and Bernstein. Citi has raised its target for the index to 28,000, while HSBC has upgraded Indian equities to overweight and Bernstein has lifted its target to 26,100.