Goldman downgrades India, cuts Nifty target and warns of earnings cut. Here's why

Goldman downgrades India, cuts Nifty target and warns of earnings cut. Here's why

Global brokerage Goldman Sachs has turned cautious on Indian equities, cutting its Nifty target and warning of an “energy-shock-led” earnings downgrade cycle. The firm expects higher-for-longer oil prices amid the US-Iran conflict to worsen India’s macro outl…

Global brokerage firm Goldman Sachs has turned cautious on Indian equities, downgrading its stance on the market to marketweight, cutting its Nifty target and warning that an energyshockled earnings … [+5674 chars]

Related Posts

About FHMnews

What is FHMnews?

FHMnews is the result of a rebellion that transcended frustration. Look around you. As PK puts it, the people in this circle think one thing, say another, and do another. We shook up all three, confined within one circle, and decided to write as they think and speak. News, views, and everything beyond.

FHMnews is the country's first "new age" English news website. It's modern in its language, attitude, and news standards. It features selected news stories from the day, but with 360-degree coverage. It offers a complete report and analysis of each story, along with additional features like quizzes, polls, memes, and videos.

FHMnews Ltd.

E-43, Phase 8
Sahibzada Ajit Singh Nagar,
Punjab, 160071

Get In Touch With Us

© Copyright FHMnews
Goldman downgrades India, cuts Nifty target and warns of earnings cut. Here's why - FHMnews