According to CoinMeta, Citibank analyst Surendra Goyal stated in a report that the Indian stock market could benefit from the results of the U.S. mid-term elections, which may slow down AI spending and drive funds towards non-AI assets. India's weight in emerging market portfolios is near a multi-year low, and Citibank's analysis suggests that for every one percentage point increase in this weight, it could lead to an inflow of about $12 billion. The analyst also mentioned that strong profit growth and lower oil prices support this outlook. For every $10 drop in oil prices, it is estimated that the profits of the Nifty 50 index would increase by about 2%. Citibank has raised its target for the Nifty 50 index in December 2027 from 26,000 points to 28,000 points.