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BofA Securities, Credit Suisse, Goldman Sachs see more upside for equities

A BofA September Global Fund Manager Survey for September suggests that 58 per cent of those surveyed say the market is in a bull-phase - up from 25 per cent who believed so in May.

Topics
stock markets | Equity markets | Indian equity markets

Puneet Wadhwa  |  New Delhi 



Ongoing bull market phase 'longest and slowest', says Morgan Stanley
According to Goldman Sachs, markets currently are in the first phase of a new investment cycle, which it calls a ‘Hope’ rally.

Despite a sharp rally in most global since their March lows, most fund managers remain bullish on the road ahead for this asset class. Although they do caution against intermittent corrections, the overall bullish trend, they say, remains intact for now.

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First Published: Wed, September 16 2020. 12:45 IST

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