HomeNewsBusinessMarketsGDP to probably exceed expectations in 2013: Goldman Sachs

GDP to probably exceed expectations in 2013: Goldman Sachs

Jim O'Neil of Goldman Sachs feels India's growth in 2012 has been disappointing and in many ways remains the most complex of the four BRIC nations, it scores the lowest Growth Environment Score.

December 10, 2012 / 08:47 IST
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Here are experts equity calls for the day on how the markets are expected to trade:

Jim O'Neil, Goldman Sachs: India's growth in 2012 has been disappointing and in many ways remains the most complex of the four BRIC nations, it scores the lowest Growth Environment Score. However, we think GDP will probably exceed expectations in 2013, as there are indeed signs that policymakers might also positively surprise. Jeremy Hale, Citigroup: Fears surrounding China and countries impacted by it have been the chief driver of significant EM equity underperformance in 2012. With the recent recovery in emerging markets, low valuations and supportive exchange rate policies should push EM stocks higher in 2013 and we recommend buying them.
first published: Dec 10, 2012 08:43 am

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