Citi has predicted that the Nifty 50 index will reach 25,000 by September 2025, indicating a potential increase of around seven percent from current levels.

After a recent 10 percent decline from its highest point, the brokerage stated that the index's valuations seem reasonable, with the one-year forward price-to-earnings ratio slightly higher than the five-year average.

In its most recent selection of mid-cap stocks, Citi has included Ramco Cements while excluding Devyani International.

The brokerage pointed out weak earnings in the Consumer sector for the quarter ending in September, but reported stable performance in most other sectors.

Notably, the Financials, Industrials, Healthcare, and Telecom segments saw "decent double-digit" growth, indicating their resilience.