Rahul Jain, Head of APAC Financials and India Equity Research, Goldman Sachs, expressed concerns over sluggish credit growth, projecting it to remain around 10–12% for 2025–26 (FY26). Jain attributed this slowdown to weaker demand across unsecured loans, mortgages, and industrial lending. “We have seen a deceleration in credit growth, and it will take a few […]
Goldman Sachs raises US recession probability amid Trump tariff increase and weaker growth outlook – CNBC TV18
Goldman Sachs has raised its 12-month recession probability to 35%, up from its earlier estimate of 20%, citing weaker economic conditions and escalating trade tensions. In a recent research report, the global investment bank lowered its growth forecast for 2025, led by an increase in US tariff rates and weaker-than-expected economic performance. Goldman Sachs now […]
LTIMindtree shares downgraded by Goldman Sachs, price targets cut for TCS, Infosys – CNBC TV18
Global brokerage firm Goldman Sachs has downgraded LTIMindtree to ‘Neutral’ and cut its price target to ₹4,500 from ₹6,570 earlier. The brokerage has maintained its ‘Buy’ rating on TCS but lowered the price target to ₹4,230 from ₹4,550. Similarly, it has kept its ‘Buy’ rating on Infosys while reducing the price target to ₹1,790 from […]
Market jitters persist as tariff uncertainty looms beyond April 2, says Goldman Sachs – CNBC TV18
The US tariff announcement on April 2 will not necessarily mark the end of market concerns. Instead, it could act as a ‘clearing event’ that initiates further negotiations between countries, believes Sunil Koul, Global EM Equity Strategist at Goldman Sachs. While the tariff announcement itself may trigger immediate volatility, the subsequent period of renegotiations and […]
Money-losing retail crowd keeps buying stocks as US markets teeter – CNBC TV18
In a stock market battered by trade turmoil and growing fears of an economic slowdown, retail investors are doubling down, undeterred as their losses mount. Individual traders pumped more than $12 billion into US equities in the week ending March 19, retail-trading data from JPMorgan Chase & Co. showed. The pace of buying was significantly […]
Systematic funds turn net short on US stocks for the first time in over a year – CNBC TV18
Trend-following systematic funds turned net short on US stocks for the first time in more than a year, leaving Wall Street to pore over spreadsheets to find how big a rally is needed to lure them back as buyers. These commodity trading advisers, or CTAs — which take their cues from the stock market direction […]
Goldman Sachs downgrades Polycab, cuts target for peers awaiting better entry point – CNBC TV18
Brokerage firm Goldman Sachs on Monday, March 17, downgraded shares of Polycab India Ltd and cut its price target on both Polycab and its peer KEI Industries by 23% and 17% respectively. Goldman Sachs downgraded Polycab to “neutral” from its earlier rating of “buy” and cut its price target to ₹5,005 from ₹6,510 earlier, which […]
Retail-favoured stocks see steeper losses in latest market rout – CNBC TV18
Retail investors are known for bearing the brunt of market sell-offs, often experiencing steeper losses compared to seasoned institutional investors. An analysis of NSE500 companies reveals that stocks where retail investors hold at least 20% of outstanding equity have plunged 44% from their 52-week highs. In contrast, stocks with higher domestic institutional investor (DII) ownership […]
Goldman Sachs bullish on Hitachi Energy amid strong order pipeline and market prospects – CNBC TV18
Hitachi Energy saw a surge in its stock price on Wednesday, March 5, following a bullish report from brokerage firm Goldman Sachs. The brokerage firm cited a strong order pipeline, particularly in high-voltage direct current (HVDC) projects, as a key driver of future growth. Goldman Sachs highlighted that three planned HVDC lines are expected to be […]
Why Goldman Sachs is positive on India’s QSR sector and prefers Sapphire and Devyani – CNBC TV18
India’s quick-service restaurant (QSR) sector is seeing a notable recovery, with Goldman Sachs highlighting a positive turnaround in performance. For the first time in years, QSRs have gained market share in the food delivery segment, with sales growth surpassing the overall growth of aggregators like Zomato, which has reported its slowest gross order value growth […]