According to Goldman Sachs, the S&P 500 index may reach 8,700 points within the next year, despite a decline in tech shares after the midterm elections in the US. They foresee a notable deceleration in global earnings growth by 2027, mainly in the US. Nevertheless, Goldman remains optimistic about equity valuations, indicating good returns are possible, and they have revised ratings for different regions while bracing for increased volatility.
Yes Bank moves SC seeking review of order on writing off of Rs 8,415 cr AT-1 bonds
Yes Bank has filed a petition with the Supreme Court to review an order from October 15. This order upheld a Bombay High Court ruling