Goldman Sachs upgrades India to overweight on growth outlook
after close1 source ↓written by the desknot a recommendation
- for Nifty
- 14% upside
- by year-end 2026
- 29,000
Goldman Sachs has upgraded India to Overweight, anticipating a 14% upside for Nifty, targeting 29,000 by year-end 2026. This shift follows a year of underperformance due to foreign capital outflows. The firm is optimistic about sectors like financials, consumer, durables, and TMT as earnings growth is expected to drive recovery.
Not investment advice. For informational purposes only.