Goldman Sachs overweight on Indian markets

Strategically we raise India to overweight with a 12-month target of 6600. Upside drivers include a recovery in growth, a decline in inflation and the potential for continued policy reforms, says Timothy Moe, Goldman Sachs.

November 29, 2012 / 08:20 IST

Timothy Moe, Goldman Sachs said that, "Strategically we raise India to overweight with a 12-month target of 6600. Upside drivers include a recovery in growth, a decline in inflation and the potential for continued policy reforms. India is less affected by the near-term concerns of the US fiscal cliff relative to other markets in Asia in our view."

first published: Nov 29, 2012 08:07 am

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