positive
20 days agoGoldman Sachs raises India outlook, sees Nifty at 29,000 by end-2026
Global bank Goldman Sachs upgraded India’s equity rating to ‘overweight’ and set a target of 29,000 for the Nifty 50 index by December 2026, citing stronger earnings momentum and policy support. The bank forecast a 14 % upside from current levels, pointing to domestic consumption, financials and auto sectors as key drivers. It noted foreign investor outflows of around US$30 billion since late 2024, but said domestic institutions have offset some of that with record equity inflows.
Risks include global rate shocks and weak export sectors.
Companies:
- Goldman Sachs
Tags:
- markets
- india equities
Discvr• By Pooja Kumari
Explore:High Return Equity Mutual Fund
positive
20 days agoGoldman Sachs raises India outlook, sees Nifty at 29,000 by end-2026
Global bank Goldman Sachs upgraded India’s equity rating to ‘overweight’ and set a target of 29,000 for the Nifty 50 index by December 2026, citing stronger earnings momentum and policy support. The bank forecast a 14 % upside from current levels, pointing to domestic consumption, financials and auto sectors as key drivers. It noted foreign investor outflows of around US$30 billion since late 2024, but said domestic institutions have offset some of that with record equity inflows.
Risks include global rate shocks and weak export sectors.
Companies:
- Goldman Sachs
Tags:
- markets
- india equities
Discvr• By Pooja Kumari
Explore:High Return Equity Mutual Fund
1 min read
85 words
Goldman Sachs upgraded its view on Indian equities to overweight, targeting Nifty 50 at 29,000 by end-2026 based on earnings recovery and policy tailwinds.
Global bank Goldman Sachs upgraded India’s equity rating to ‘overweight’ and set a target of 29,000 for the Nifty 50 index by December 2026, citing stronger earnings momentum and policy support. The bank forecast a 14 % upside from current levels, pointing to domestic consumption, financials and auto sectors as key drivers. It noted foreign investor outflows of around US$30 billion since late 2024, but said domestic institutions have offset some of that with record equity inflows.
Risks include global rate shocks and weak export sectors.
Global bank Goldman Sachs upgraded India’s equity rating to ‘overweight’ and set a target of 29,000 for the Nifty 50 index by December 2026, citing stronger earnings momentum and policy support. The bank forecast a 14 % upside from current levels, pointing to domestic consumption, financials and auto sectors as key drivers. It noted foreign investor outflows of around US$30 billion since late 2024, but said domestic institutions have offset some of that with record equity inflows.
Risks include global rate shocks and weak export sectors.
Companies:
- Goldman Sachs
Tags:
- markets
- india equities
- markets
- india equities
- goldman sachs
- nifty50
- equity outlook
Nov 11, 2025 • 05:21