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Goldman Sachs bullish on Indian equities; Nifty target at 12,500 in 12 months

Updated : March 19, 2019 04:12 PM IST

Goldman Sachs had lowered India to "marketweight" in September on macroeconomic, earnings, rich valuations and political risks.
Saying that over the past month, the Nifty has rallied 8 per cent and recovered 65 per cent of its year-to-date under-performance as against the region.
Goldman Sachs bullish on Indian equities; Nifty target at 12,500 in 12 months

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