Goldman Sachs Raises India Equities to Overweight on Growth Revival

Goldman Sachs, a major financial firm, has decided that Indian stocks are a good investment again.

They used to think India was not such a good bet, but now they believe India's economy will start growing faster.

This is because the government and the country's central bank are making helpful policies, and companies in India are expected to earn more money.

Foreign investors, who had pulled their money out of India, are starting to come back.

Goldman Sachs thinks the stock market could go up by about 14% by the end of 2026.

They especially like companies in areas like banking, consumer goods, technology, and defense.

They are less keen on drug companies, IT, industrial, and chemical sectors.