India stock market offers attractive long-term opportunities: Goldman Sachs4 min read 05 Jun 2023, 03:51 PM IST
Goldman Sachs sees India as an emerging market with intriguing long-term beta and outsized alpha prospects. Goldman Sachs also noted that the 269 multibagger stocks all share six common traits.
India is one of the emerging markets (EM) that international brokerage, Goldman Sachs feels provides intriguing long-term beta and outsized alpha prospects. In the last 20 years, India's economy has increased sevenfold, with a nominal GDP compound annual growth rate (CAGR) of 10%, claims the global brokerage.
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