Expect further gains into H2 2015: Goldman Sachs

The markets may be in a holding pattern in the near-term, we continue to expect further gains into H2 2015, says Timothy Moe of Goldman Sachs.

May 12, 2015 / 08:33 IST

Timothy Moe of Goldman Sachs said, "After a strong seven-week rally led by China, regional markets have pulled back, prompting investor questions about whether to 'sell in May & go away'. While markets may be in a holding pattern in the near-term, we continue to expect further gains into H2 2015."

"Our key ideas are: 1) add to China; 2) long global cyclicals; 3) focus on banks, insurance & internet in China, and energy & software in India," he added.

first published: May 12, 2015 08:33 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347