Goldman Sachs positive on value cyclicals & quality midcaps, lists 15 favourites

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Equity2Commodity – Best Share Market Forum Forums BROKER RESEARCH REPORT Equity Goldman Sachs positive on value cyclicals & quality midcaps, lists 15 favourites

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    Equity2Commodity
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    Some stocks on the list like State Bank of IndiaICICI BankLarsen & ToubroMahindra & MahindraAdani PortsJSW Steel and Ashok Leyland are currently trading 17 % below their 1-year highs and trading at mid-cycle valuations suggesting attractive risk-reward.

    Goldman Sachs positive on value cyclical & quality midcaps lists 15 favourites

    Goldman Sachs upgraded India market to ‘Overweight’ from market weight with a Nifty50 target of 12,500 for the next 12 months which was also raised from 11,700 earlier.

     

     

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