October 31, 2017

Best yet to come for Sensex and Nifty, say Goldman Sachs, Citigroup

Goldman Sachs Group Inc. and Citigroup Inc. have raised their targets citing the bank recapitalisation programme, infrastructure push and continued inflow of domestic savings into equities. They believe these factors more than offset concerns on valuation and poor earnings growth and are sufficient to propel the Sensex and Nifty to newer highs in 2018.

On Monday, both Sensex and Nifty closed at record high of 33,266.16 points and 10,363.65 points, respectively. Graphic: Mint

Read more at http://www.livemint.com/Money/cjlA9NmUTIVJAs5x2X4AyN/Best-yet-to-come-for-Sensex-and-Nifty-say-Goldman-Sachs-Ci.html

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