Those at Morgan Stanley, too, are upbeat on the region's growth rate. Vaccination, easing of Covid-led travel restrictions and releasing pent-up demand, they believe, will help economic recovery
The GDP is widely expected to grow at a faster pace due to the base effect in 2021-22
CLSA, Goldman Sachs latest to highlight concerns
Indian stocks have rallied nearly 28% in 2021 on the back of ultra-easy monetary policy, rising vaccinations and the economic reopening, compared with a 0.76% drop in the MSCI Emerging Market index
Strong gains for IT shares and select index heavyweights like HDFC, Reliance Industries, Bajaj twins and Bharti Airtel
Goldman expects a better year for Chinese equities, with onshore and offshore stocks to return 16% and 13% in the next 12 months, respectively
The firm plans to build a bigger presence in real estate in developing markets such as China, Korea and India
India's digital transactions are expected by PricewaterhouseCoopers to touch $3 trillion by March 2025 from more than $1.3 trillion now
In the wake of Friday's inflation data, fed fund futures fully priced in a quarter-point tightening by July 2022 and another rate increase by December
The Dow Jones Industrial Average rose 384.83 points, or 1.10%, to 35,297.39
Much of the jump in profit came from Goldman's advisory and investment banking business, where the firm helps companies go public or buy other companies.
Airlines, cruise operators jump on easing of US travel curbs; retail sales up 0.7% in September despite shortages
The Covid-19 pandemic has given a massive boost to banks' trading and dealmaking operations
Goldman's team, led by Jan Hatzius, said in a report on Sunday that they now expect growth of 5.6% on an annual basis in 2021 versus their previous estimate of 5.7%, and 4% next year, down from 4.4%
In a recent report, analysts at Goldman Sachs suggested they see Brent crude oil prices at $90 per barrel by December 2021 on the back of a larger-than-expected demand-supply deficit
Goldman slashes its Q3 growth forecast to 0%, from 1.3% earlier
Goldman Sachs raised its forecast for year-end Brent crude oil prices to $90 per barrel from $80
A ripple effect from the likely fallout of China's Evergrande and a possible change in stance by RBI are the two key risks for the market rally, says the global head of equity strategy at Jefferies
New initial public offerings (IPOs) will help add USD 400 billion to the overall market capitalisation over the next three years, an American brokerage said on Monday.
10 investment banks to divide fee pool; opt to go out-of-pocket