Goldman Goes Big On India, Upgrades To Overweight Amid IPO Frenzy On Dalal Street

This special report focuses on a major upgrade for Indian markets by global brokerage Goldman Sachs, which has revised its rating to 'overweight' and set a Nifty target of 29,000 by December 2026. The bulletin also covers a hectic week for the primary market with seven IPOs, including Lenskart's listing and issues from PhysicsWallah and Tenneco Clean Air, set to raise over ₹11,000 crores. Discussing the bullish sentiment, market expert Shailendra Bhatnagar stated, 'There is a lot of foreign flows likely to come in into India now that Chinese markets have peaked in the short term.' The programme further delves into the latest EV sales figures where VinFast outsold Tesla in October, the impact of a U.S. government shutdown on air travel, and key corporate earnings driving stock-specific action.