Oil & energy price shock: Goldman Sachs sees India’s macro outlook worsening; cuts Nifty target
The bank has reduced its 12-month Nifty target, for end-March 2027, to 25,900 from an earlier 29,300. This suggests expected returns of about 13% in rupee terms and 12% in dollar terms over the next
The bank has reduced its 12-month Nifty target, for end-March 2027, to 25,900 from an earlier 29,300. This suggests expected returns of about 13% in rupee terms and 12% in dollar terms over the next year, which is lower than the 19% upside projected for the MXAPJ index.
Key Numbers
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What Experts Say
Analysts on Dalal Street are closely watching these developments as FII and DII activity shapes market sentiment.
Investor Takeaway
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This article was curated by OpenMedia's AI-powered financebot from verified news sources. Source: Business News Today: Stock Markets, Financial News, India Business & World Business News