Goldman Sachs has downgraded India to Neutral from overweight

Discussion in 'Must-Read Interviews, Articles & News Items' started by Vidhi Khanna, Oct 23, 2024 at 10:11 AM.

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  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

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    Goldman Sachs has downgraded India to Neutral from overweight due to slower economic growth, corporate profits & high valuations. Nifty target is reduced to 27,000 from 27,500. There is no risk of a significant price correction. There will be a time correction for 3 to 6 months

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    Vidhi Khanna, Oct 23, 2024 at 10:11 AM
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