Nifty to remain flat for 3 months, may hit 27,000 next yr: Goldman

Goldman Sachs expects Nifty 50 to remain rangebound and hit the 24,000 mark in the next three months, suggesting a gain of under 3% from current levels. The brokerage forecasts the benchmark index to hit 27,000 points by next year's end. Nifty has slipped over 10% from its September peak amid record foreign outflows and weak corporate earnings.