Goldman Sachs top picks include PTC Industries, Hitachi Energy India, C.E. Info Systems, TBO Tek, MakeMyTrip, Suven Pharmaceuticals, Bharti Airtel, Apollo Hospitals, Uno Minda, Data Patterns, and KEI Industries. (Photo source: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Global investment bank Goldman Sachs has upgraded India’s equity markets to “overweight”, setting a Nifty 50 target of 29,000 by December 2026, implying a potential upside of around 14% from Friday’s closing levels.

The upgrade comes 13 months after the brokerage downgraded its stance to “neutral” in October 2024, citing stretched valuations and a slowdown in earnings.

In its latest report titled “Leaning In as Growth Revives; Raising India Back to Overweight”, Goldman Sachs said it now e

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