Goldman Sachs Pegs 12-Month NIFTY Target At 9000
Even though MSCI India's 2016 consensus earnings got trimmed by another 1% last week, analysts at Goldman Sachs remained OW on India, pegging their NIFTY 12-month target at 9000. Sunil Koul and team note in their Feb. 5 “India Weekly Kickstart” report that past history points to NIFTY trending to trade soft heading into the Union budget announcement. SORRY! This content is exclusively for paying members. If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.
India’s 3Q earnings: more misses than beats
Tracking 3Q FY16 earnings, Koul and colleagues point out that about 70% of the
