Goldman Sachs

While renewed geopolitical tensions in West Asia are likely to keep markets choppy, the Nifty 50 could rise to 26,500 by June 2027, around 10 per cent upside from current levels, Goldman Sachs said.

This year's boom includes the most spent on global deal-making in a six-month period in a decade, but questions persist about whether it can continue

The investment bank said easing inflation expectations, lower oil prices and reduced fiscal risks have improved the outlook for India's long-dated government securities, particularly 30-year bonds

Brokerage cites easing oil prices after the US-Iran peace deal, raises India's FY27 growth forecast to 6.5% and lowers headline inflation projection to 4.9%

The brokerage raised India's GDP forecast, while cutting its inflation estimate to 4.4% and current account deficit forecast to 1.1% of GDP, on falling crude oil prices after the US-Iran peace deal

Global and domestic institutions bought a 2.3% stake in Lenskart for ₹1,960 crore as ADIA trimmed its holding ahead of the eyewear firm's market debut

: Goldman Sachs, MCP Emerging Markets and other financial institutions on Thursday picked up more than 44 lakh shares, representing nearly a 4 per cent equity stake, of GNG Electronics, the parent company of Electronics Bazaar, for a total of Rs 175 crore through open market transactions. GNG Electronics promoter Vidhi S Khandelwal pared around 4 per cent stake in the company on Thursday, according to an exchange filing. Shares of the company jumped more than 6 per cent to close at Rs 418.60 apiece on the NSE. Domestic institutional investors such as Mirae Asset Mutual Fund (MF), ITI MF, Edelweiss MF, Trust MF, and Motilal Oswal Equity Opportunities Fund Series II also bought shares of GNG Electronics. These entities collectively purchased 44,87,203 shares representing a 3.94 per cent stake in Mumbai-based GNG Electronics, according to the block deal data available on the National Stock Exchange (NSE). The shares were picked up at an average price of Rs 390 apiece, taking the comb

Goldman's comments hold significance as the rupee fell to a new low of 96.9650 per dollar last month amid a surge in global crude prices and record overseas outflows from equities

Global financial services firm Goldman Sachs on Thursday bought more than 1.13 crore shares of Billionbrains Garage Ventures, the parent company of Groww, from venture capital firm Friale for Rs 210 crore through an open market transaction. Goldman Sachs, through its affiliate Goldman Sachs Bank Europe SE, purchased 1,13,43,750 equity shares, representing a 0.18 per cent stake in the Bengaluru-based trading platform, according to block deal data available on the BSE. The shares were picked up at an average price of Rs 185.50 apiece, taking the deal value to Rs 210.43 crore. Meanwhile, Friale offloaded the same number of shares, as per the data. Shares of Groww rose 0.64 per cent to close at Rs 190.05 apiece on the BSE. On Monday, markets regulator Sebi approved US-based State Street Global Advisors' (SSGA) proposed stake acquisition in Groww Asset Management (Groww AMC), a wholly-owned subsidiary of Billionbrains Garage Ventures. Following the proposed transaction, SSGA will acqu

Samtani, who spent 16 years with Goldman Sachs and nine years in his current role, will be succeeded by Ken Castelino and Balaji Sivasubramanian as co-heads

Global financial institutions, including Goldman Sachs, Societe Generale, and Citigroup Global Markets, have collectively acquired a 1.34 per cent stake in One 97 Communications, the parent company of Paytm, from SAIF Partners and Elevation Capital for Rs 963 crore through open market transactions. Other foreign investors participating in the transaction included Ghisallo Capital Management, BNP Paribas, Copthall Mauritius Investment, and Hong Kong-based Viridian Asset Management. Among domestic institutional investors, Sundaram Mutual Fund (MF), Nippon India MF, Edelweiss Mutual Fund and India Acorn ICAV also bought shares of the fintech firm, as per the block deal data executed on the BSE on Friday. These entities collectively purchased a total of 85.98 lakh shares on the exchange, representing a 1.34 per cent stake in Noida-based One97 Communications. The shares were bought at an average price of Rs 1,120.65 apiece, taking the transaction value to Rs 963.60 crore. Meanwhile, Ho

While the bulk of foreign selling is likely over after the outflows over the recent months, Goldman Sachs does not see foreign investors returning to Indian shores in a hurry, even if oil prices dip.

Goldman Sachs has initiated coverage of Indian metal (steel) stocks as itsees India as the next steel demand driver. It is bullish on Tata Steel, JSW Steel, Shyam Metalics among others

Global markets have been roiled by the Iran war as rising crude oil prices fan inflation fears and exacerbate worries about a recession

French authorities have placed four suspects in pre-trial detention over the plot, which potentially had links to Iran

Nifty at 17x may look attractive, but earnings downgrades cloud returns as Goldman Sachs cuts India outlook amid rising macro risks

Sunak championed the use of AI when he was in government, pledging more than £100 million to help regulators and universities tackle challenges around the technology

Goldman Sachs said that it remains 'Overweight' on banks as it sees NIM expansion in a higher rates environment and also the lenders maintain good asset quality

Goldman Sachs has downgraded Indian equities to marketweight, citing high energy prices and macro risks, and cut its Nifty target to 25,900

The fresh cut in growth estimate by Goldman's analysts follows a change in their assumptions on oil prices and the period of disruption to supplies