Goldman Sachs downgrades Indian stocks to 'underweight' on growth concerns

Economy, Viewed [ 21 ] , Rating :
Star Live 24, Star Live 24
Thursday, August 01, 2013
Published On: 12:08:27 PM
Goldman Sachs downgrades Indian stocks to

The external funding environment has also become challenging causing RBI to tighten liquidity, the investment bank said in a note.

Goldman Sachs also expects corporate earnings to grow at 5 per cent for the current fiscal year and 11 per cent for the next year, below consensus estimates.

Courtesy : Indian Express

Other Videos

 Comment Note: By posting your comments in our website means you agree to the terms and conditions of