Goldman Sachs upgrades India to 'overweight', expects Nifty to reach 12,500 in 12 months
Updated : March 19, 2019 12:12 PM IST
Global investment banker Goldman Sachs upgrades India's outlook back to 'overweight'
Nifty recovered 65% of its YTD on the back of heavy foreign institutional inflows (FIIs) and on expectations of a potentially stable government.
Goldman Sachs expects Nifty to reach 12,500 this year with 16% earnings growth.
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