HomeStock MarketBy the end of 2023, Goldman Sachs projects the Nifty50 to be...

By the end of 2023, Goldman Sachs projects the Nifty50 to be at 20,500.

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  • On Wednesday, Goldman Sachs stated that it anticipates the Nifty50, the NSE’s benchmark index, to reach 20,500 by the end of 2023, which would represent a 12% increase in price from the current level.
  • It anticipates a 15% increase in Nifty profits in 2023 and 2024.
  • According to Goldman Sachs, India’s GDP growth will decrease from 6.9% in 2022 to 5.9% in 2023.

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