Goldman Sachs Predicts Flat Indian Stock Market Amid High Valuations and Weak Earnings
21 Nov 2024
Goldman Sachs anticipates that Indian equities will remain rangebound over the next three months, following a recent decline into correction territory—the worst earnings season in four years and persistently high valuations. The Wall Street brokerage, maintaining a tactical "marketweight" stance on Indian equities, projects the benchmark Nifty 50 to reach...
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