The dream run of national stocks reached a new pinnacle on Tuesday when the Nifty50 index surpassed the 13,000 mark for the first time. Meanwhile, the S&P BSE Sensex topped the 44,500 mark in intraday deals. A better-than-expected profit cocktail, better collection of goods and services tax (GST), better big …
Read More »Goldman Sachs Raises Indian Equities to Overweight; sees an 11% advantage for Nifty
MUMBAI: Goldman Sachs has raised Indian stocks to overweight in hopes that the earnings recovery will lead to the rally. Goldman Sachs was a structural bull in India, but had dropped India to market weight in April on national shutdown concerns, increased pandemic cases, and expectations of a significant contraction …
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