New Delhi: Global brokerage firm Goldman Sachs has changed its perspective on the Indian stock market. The firm has upgraded India from ‘neutral’ to ‘overweight’ rating. This upgrade comes after about 13 months. In October 2024, the firm termed India as ‘neutral’. Goldman Sachs has now set the target of Nifty 50 at 29,000 points by December 2026, which is a possible increase of about 14 percent from the current level.

Goldman Sachs believes that the Indian equity market is now ready for a recovery. Factors like policy relaxation, better earnings growth and return of investor confidence are working behind this. The firm said that the recent steps taken by the RBI to support India’s economy, GST cuts, and slow fiscal consolidation will accelerate growth in the coming two years. Along wit

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