Goldman Sachs predicts that the Nifty 50 index will reach 27,000 by the end of 2025, despite expectations for a range-bound market in the near term.
The brokerage expects the index to remain flat over the next three months, with a target of 24,000 as a potential back-loaded recovery emerges alongside growth improvements.
The current market conditions show external immunity, but there is a slowdown in domestic growth. This situation, characterized by weak earnings and high valuations, is expected to contribute to the range-bound nature of the markets in the coming months. Investors are advised to stay informed through market updates for the latest developments.