Goldman News

Major global brokerages have upgraded India's stock market outlook, citing signs of earnings revival and government reforms. While the Sensex has underperformed, analysts predict a turnaround could occur as AI trade weakens and corporate earnings improve.

Goldman Sachs upgraded the Indian stock market to overweight, citing a turnaround driven by domestic equity purchases and improving earnings. The Nifty 50 index is projected to reach 29,000 by 2026, supported by favorable economic measures and strong retail participation.

The bank projected several potential scenarios for the metal's price, with a baseline forecast of it rising to $4,000 an ounce by mid-2026; a tail-risk scenario predicting $4,500; and a higher estimate of nearly $5,000 if just 1 per cent of the privately held US Treasury market shifted into gold.

Expert View: While India's macroeconomic outlook appears positive, tariff disruptions could pose challenges. Effective policy measures are crucial for sustaining growth, opined Rajesh Cheruvu, CIO, LGT Wealth India.

Pentagon buys 15% of MP Materials in $400 million rare earth deal. Stock jumps 50% as US fights China's grip on vital magnets for F-35 jets and EVs.

Rishi Sunak, former UK Prime Minister, will join Goldman Sachs as a senior adviser, marking his return to the firm after 21 years. His role involves advising clients on geopolitical and economic issues while also interacting with people around the world.

Investing successfully requires a balance in asset allocation between types like debt and equity. Investors can choose between strategic or tactical asset allocation based on their goals, risk tolerance, and management preference, with many opting for a mix of both approaches.

Goldman Sachs Group Inc. — fresh from cutting oil forecasts twice in a week — said Brent has the outside potential to fall below $40 a barrel under “extreme” outcomes as the trade war flares and supplies rise.