See Nifty@23,000 in 3 months and 25K in 12 months: Goldman Sachs

March 13, 2025

Sunil Koul, Emerging Market Equity Strategist at Goldman Sachs, forecasts the Nifty to be range-bound at 23,000 in the next three months due to global uncertainties, particularly US tariffs. However, with an anticipated 12% earnings growth, he projects a 13% upside to 25,500 over 12 months. Koul emphasizes investing in quality companies with resilient earnings and strong fundamentals.

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