Goldman Sachs anticipates an earnings upswing in the latter half of the year. They are becoming more optimistic about India’s domestic economic cycle. Positive trends are emerging in central bank policy and liquidity. The global environment is also improving. High single-digit returns are expected. The market can make further gains if it delivers 11-12% earnings growth.
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Goldman Sachs getting incrementally positive on India; earnings expected to go up: Sunil Koul
