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Goldman Sachs Upgrades India To 'Overweight', Sets Nifty Target At 29,000
Global investment bank Goldman Sachs (GS) has turned bullish on India, upgrading its rating on Indian equities to "Overweight" and setting a Nifty target of 29,000 by end-2026, implying a potential 14 per cent upside from current levels.
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Opinion | Here's How Long It May Take For Sensex To Reach 1 Lakh
If a correction of 10%-20% occurs, the 1 lakh milestone might be achieved by 2029, aligning with the conclusion of Modi's third term. However, if no correction occurs, Sensex appears to be on track to reach the target by 2027.
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Day After Budget, Sensex Suffers Biggest Selloff Since November 2016: 10 Points
Sensex and Nifty suffered a big selloff today, a day after Finance Minister Arun Jaitley unveiled Union Budget 2018-19. A higher-than-expected fiscal deficit target for 2018-19 and imposition of new long-term capital gains tax on equities hurt the market sentiment, say experts. The BSE benchmark index Sensex closed 839 points lower at 35,066, while...
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Nifty May Scale 11,800 By 2018-19: HDFC Securities
HDFC Securities expects Nifty earnings to grow by 13.5 per cent this fiscal year from 10.4 per cent a year ago. As per its estimates, earnings are likely to register a growth of 21.5 per cent, in fiscal year 2019.
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Why UBS Is Bullish On Autos, Private Banks, IT Stocks
The brokerage estimates "no returns from the Nifty in 2018" and has set the index target at 10,500 for this December.
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Sensex, Bonds Rise As Soft Inflation Stokes Rate Cut Hopes
Inflation is now well below the Reserve Bank of India's medium-term target of 4 percent, and at the lower end of its CPI projection of 2 percent-3.5 percent in the first half of the fiscal year.
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Goldman Sachs Upgrades India To 'Overweight', Sets Nifty Target At 29,000
Global investment bank Goldman Sachs (GS) has turned bullish on India, upgrading its rating on Indian equities to "Overweight" and setting a Nifty target of 29,000 by end-2026, implying a potential 14 per cent upside from current levels.
-
Opinion | Here's How Long It May Take For Sensex To Reach 1 Lakh
If a correction of 10%-20% occurs, the 1 lakh milestone might be achieved by 2029, aligning with the conclusion of Modi's third term. However, if no correction occurs, Sensex appears to be on track to reach the target by 2027.
-
Day After Budget, Sensex Suffers Biggest Selloff Since November 2016: 10 Points
Sensex and Nifty suffered a big selloff today, a day after Finance Minister Arun Jaitley unveiled Union Budget 2018-19. A higher-than-expected fiscal deficit target for 2018-19 and imposition of new long-term capital gains tax on equities hurt the market sentiment, say experts. The BSE benchmark index Sensex closed 839 points lower at 35,066, while...
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Nifty May Scale 11,800 By 2018-19: HDFC Securities
HDFC Securities expects Nifty earnings to grow by 13.5 per cent this fiscal year from 10.4 per cent a year ago. As per its estimates, earnings are likely to register a growth of 21.5 per cent, in fiscal year 2019.
-
Why UBS Is Bullish On Autos, Private Banks, IT Stocks
The brokerage estimates "no returns from the Nifty in 2018" and has set the index target at 10,500 for this December.
-
Sensex, Bonds Rise As Soft Inflation Stokes Rate Cut Hopes
Inflation is now well below the Reserve Bank of India's medium-term target of 4 percent, and at the lower end of its CPI projection of 2 percent-3.5 percent in the first half of the fiscal year.
