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Goldman Sachs sees Nifty rallying to 26,500, signals nearly 9.5% upside

Mumbai: Goldman Sachs said it sees room for Nifty's recovery to 26500, implying an upside of nearly 9.5% from current levels, citing improvement in India's outlook in the wake of lower commodity prices, stabilised currency, and healthy second-quarter earnings expectations. The Nifty ended at 24,211 on Monday, nearly unchanged from Friday's closing, after falling as much as 0.9% earlier in the day. The Sensex closed at 77,616.Renewed tensions in West Asia may fuel near-term volatility, but 'ultr…

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Economic TimesLean R·3h ago
Goldman Sachs sees Nifty rallying to 26,500, signals nearly 9.5% upside
Mumbai: Goldman Sachs said it sees room for Nifty's recovery to 26500, implying an upside of nearly 9.5% from current levels, citing improvement in India's outlook in the wake of lower commodity prices, stabilised currency, and healthy second-quarter earnings expectations. The Nifty ended at 24,211 on Monday, nearly unchanged from Friday's closing, after falling as much as 0.9% earlier in the day. The Sensex closed at 77,616.Renewed tensions in West Asia may fuel near-term volatility, but 'ultr…
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Goldman Sachs sees Nifty rallying to 26,500, signals nearly 9.5% upside

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Goldman Sachs sees Nifty rallying to 26,500, signals nearly 9.5% upside

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