Nomura, Citi, Goldman raise Sensex targets after Modi win

Nomura and Citigroup raise their targets for the BSE Sensex after the Bharatiya Janata Party led by Narendra Modi thundered to victory in general election.

Nomura raises its 2014 target for the Sensex to 27,200 from 24,700, while Citigroup increases its target to 26,300.

Goldman Sachs also raises its 12-month target for the Nifty to 8,300 from 7,600, implying a 15.2 percent upside from current levels.

On Friday, UBS, Macquarie and Deutsche Bank raised their targets for the two indexes.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Faith is the opium of the masses, so Indians get addicted

    India is a nation of 1.27 billion. Let that number sink in, with all its zeroes. That’s a lot of people.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

M S Swaminathan

Public good research in agriculture

Public good research in agriculture is designed to promote risk ...

Zehra Naqvi

To hell and back

Here is a book that makes you wish there were ...

Bubbles Sabharwal

When your real & reel life heroes are the same

ALL the world’s a stage and we all are merely ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture