Page 4 - Goldman Sachs

Are falling growth rates the next big worry for Indian equity markets?

A dip in demand amid rising inflation and central bank policies has seen brokerages, such as Goldman Sachs and Morgan Stanley, cut their respective growth estimates for the Indian economy

Goldman cuts India's growth forecast to 7%; M Stanley sees downside risks

Goldman Sachs has revised lower its growth projections for India after the April-June quarterly gross domestic product readings missed market estimates.

Goldman Sachs, Morgan Stanley order staff to return to office full-time

Goldman will let employees outside New York enter offices regardless of vaccination status, with no requirement to participate in regular testing or wear face coverings

Buy commodities, worry about recession later, says Goldman Sachs

Goldman Sachs did caution the path ahead may not be smooth, especially if the greenback extends gains

Goldman bets on Indian bond-swap spreads tightening, recommends 5-yr bonds

Goldman Sachs is recommending a spread trade in Indian debt markets that will help investors cash in on bullishness in the bond market

Goldman Sachs, Nomura downgrade China GDP forecasts as outlook darkens

Goldman Sachs lowered its projection for China's gross domestic product growth to 3% from 3.3%, citing weaker-than-expected July economic data as well as near-term energy constraints

Goldman Sachs sees India bonds getting added to JP Morgan index in 2023

The development is expected to trigger passive inflows of about $30 bn that will help the country finance its current account and fiscal deficits

Goldman sees strong case for higher oil prices despite negative shocks

The market will remain in unsustainable deficits at current prices and balancing it will still require 'demand destruction on top of the ongoing economic slowdown', says the investment bank

Top brokerages welcome Paytm's Q1 results, reiterate 'buy' rating

In their brokerage notes, they highlighted Paytm's strong growth in revenue and contribution margins during the quarter in addition to sharp improvement in net payment margins

'Most vulnerable' emerging markets now face euro recession risk

Traders are more bearish on the Hungarian forint, Polish zloty and Czech koruna than any other developing-nation currency except for Russia's ruble and the Turkish lira

Monetary policy: SPDs can offer all foreign exchange trade facilities

Decision comes after requests from foreign players; scope of existing licence was restrictive, say primary dealers

Goldman Sachs warns it may slow hiring, cut expenses as deals slump

Goldman's investment banking revenue fell 41% to $2.14 bn in the second quarter, as fees from both equity and debt underwriting fell along with those from advising on stock listings and M&As

China's economy grows 0.4% in June quarter, set to miss fiscal target

China's economy logged a 2.5 per cent YoY growth in the first half of 2022, official data showed on Friday

China stimulus unlikely to reverse rout in the global metals market

While Chinese stimulus played a role in rescuing industrial commodities from slumps in global demand, after the 2008 financial crisis, in late 2015, and in 2020, there's much more caution this time

Goldman Sachs sees Kotak Mahindra Bank entering $100-bn club by FY27

Shares of Kotak Bank rose 2.64 per cent on Wednesday to end at Rs 1,707, valuing the lender at $42.8 billion (Rs 3.4 trillion)

Sharp rate hike bets keep Wall Street subdued, Goldman Sachs lifts Dow

US economy contracted in Q1 amid record trade deficit; BofA upgrades Goldman Sachs, shares rise; General Mills rises as sales beat on higher prices; Bed Bath & Beyond replaces CEO, shares tumble

Commodities face recession test even as Goldman Sachs stays bullish

Across markets, there's growing talk that high prices for raw materials will be cured only by recessions in the second half

Wall Street sheds opening gains on losses in high-growth stocks

S&P 500 energy stocks among few gainers; Robinhood rises on Goldman Sachs upgrade

Risk of US recession now higher and more front-loaded, warns Goldman

The Goldman economists now see a 30% probability of entering a recession over the next year, compared to 15% previously, and a 25% conditional probability of entering a recession in the second year

AlphaSense looks to increase India presence, raises $225 mn in funding

The firm said its annual recurring revenue (ARR) now exceeds $100 million