Lumic
NIFTY 50·23,523.10+0.82%SENSEX·77,346.06+0.62%IPOs·83.21−0.12%GOLD·$82.45−1.80%NIFTY 50·23,523.10+0.82%SENSEX·77,346.06+0.62%IPOs·83.21−0.12%GOLD·$82.45−1.80%

Nifty

Goldman Sachs Sees Strong Scope for Foreign Investors to Return to India

about 2 months ago · Lumic

Goldman Sachs report on foreign investors returning to India's stock market, Nifty projection.
Lumic
about 2 months ago
Goldman Sachs Sees Strong Scope for Foreign Investors to Return to India
KEY POINTS
Goldman Sachs expects reversals with foreign fund inflows reducing on the current pessimism
The brokerage projects Nifty to reach 26,500 by June 2027, supported by a stronger domestic recovery
FIIs have already turned modest buyers since mid-June, with financial stocks attracting most inflows
LUMIC INSIGHT
Close to 10-12% rise in Nifty expected by 2027
Business Standard·about 2 months ago

This 'Insights' piece delves into Goldman Sachs' optimistic outlook on India's financial markets, suggesting a robust potential for foreign institutional investors (FIIs) to re-enter. The report highlights a projected 10-12% rise in the Nifty index by 2027, anticipating it to reach 26,500. This forecast is underpinned by an expected stronger domestic economic recovery. Notably, FIIs have already shown signs of renewed interest, turning into modest buyers since mid-June, with a particular focus on financial stocks. Goldman Sachs foresees a reversal of the current pessimism, paving the way for significant foreign fund inflows back into India's stock market.

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