GS upgrades India to overweight, sees rise in mkts after subpar show

American brokerage Goldman Sachs (GS) on Monday upgraded its views on Indian equities to "overweight" after a subpar show in 2025 and estimated more interest in stock buying going forward.

- PTI

The higher buying in Indian equities will see the NSE's 50-share Nifty benchmark rise to 29,000 points, up 14 per cent by the end of 2026, it said.

The brokerage said equities have been up by a "modest" 3 per cent in 2025 in what has otherwise been one of the strongest years for emerging markets, which have seen over 30 per cent rally.