Indian equity indices rebounded strongly, recovering last week’s losses, fueled by SBI’s impressive Q1 results and optimism surrounding the upcoming Trump-Putin meeting. Short covering was observed ahead of the summit, with PSU banks gaining traction. However, caution remains due to technical indicators and geopolitical factors, including US tariffs on Indian goods.
US Stock Market: Goldman Sachs raises S&P 500 target to 8,000 on AI-driven earnings optimism
Goldman Sachs has boosted its S&P 500 target for 2026 to 8,000. This optimistic outlook is driven by strong corporate earnings and continued investment in