HSBC, Citi turn bullish on Indian equities as overseas funds buy $3.6 billion in four days
HSBC raised its 12-month target for the NSE Nifty 50 Index by nearly 8% to 28,000, pointing to improving earnings growth and lower oil prices. Overseas funds bought a net $3.6 billion of local shares over the past four days. This week may bring the largest weekly inflow yet.
