Goldman Sachs upgrades India to overweight on earnings strength
after close1 source ↓written by the desknot a recommendation
- this year
- 25%
- by end-2026
- 29,000
Goldman Sachs has upgraded Indian equities to ‘Overweight’, reversing its previous downgrade. This decision follows a period of significant underperformance, with India lagging emerging markets by nearly 25% this year. The firm cites renewed macro-economic strength and stabilizing earnings as key factors, projecting the Nifty 50 to reach 29,000 by end-2026.
Not investment advice. For informational purposes only.