Goldman Sachs Turns Bullish on India, Sets Nifty 50 Target at 29,000 by 2026 Amid Growth Revival
Global investment bank Goldman Sachs has upgraded India’s equity market rating to “overweight”, projecting a Nifty 50 target of 29,000 by December 2026. This marks a significant shift from its previous “neutral” stance in October 2024, driven by expectations of a robust economic rebound, supportive fiscal and monetary policies, and improving investor sentiment. The upgrade…