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Goldman downgrades Indian stocks to 'Neutral' over slowing growth
short by Debaroti Adhikary / on Wednesday, 23 October, 2024
Goldman Sachs has downgraded Indian stocks from 'overweight' to 'neutral'. This comes amid slower economic growth and corporate profits, the global brokerage said. "We think a large price correction is less likely...but markets could correct over the next three to six months," Goldman Sachs said. Notably, Sensex has fallen around 4,000 points in October so far.
read more at NDTV Profit