Homemarket News

Standout Brokerage Report: Goldman Sachs positive on financials; prefers SBI, ICICI Bank, Bandhan Bank

market | IST

Standout Brokerage Report: Goldman Sachs positive on financials; prefers SBI, ICICI Bank, Bandhan Bank

Mini

Goldman Sachs is bullish on the financial sector. The brokerage house believes that select financial stocks will do well largely on the back of consolidation of the market share as well as historically high probability in the new cycle.

Goldman Sachs is bullish on the financial sector. The brokerage house believes that select financial stocks will do well largely on the back of consolidation of the market share as well as historically high probability in the new cycle.

The firm prefers State Bank of India (SBI), ICICI Bank and Bandhan Bank.
Goldman Sachs has downgraded Aavas Financiers and Shriram Transport Finance Company to ‘neutral’ from ‘buy’.
Watch accompanying video of CNBC-TV18’s Nimesh Shah for more details.
To watch other videos in this series, click on the Standout Brokerage Report tab below.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Most Read

Market Movers

View All
Top GainersTop Losers
CurrencyCommodities
CompanyPriceChng%Chng