The recovery from lockdowns has been reasonably good without any big government stimulus, says Tirumalai
Goldman Sachs analysts now see the Nifty at 16,300 levels in 12 months (16,500 earlier). However, they have retained their 'overweight' stance on India for now
Despite the economic slowdown, BNP Paribas, Morgan Stanley, Nomura and Credit Suisse are optimistic
Nomura, HSBC and Goldman Sachs see Indian and Asian equities rally over 15% next year