Nifty Extends Rally; Sensex Jumps 300 Pts As WB Ups India Ranking

The Nifty50, which has already rallied over 26 percent to touch a fresh record high, is on its way to surpassing Mount 11,000 in the year 2018, which translates into an upside of over 11 percent.

Goldman Sachs in a note last week remained overweight on India and raised the target for Nifty from 10,900 in September 2018 to 11,600 by December 2018, which translates into an upside of 11.6 percent from current levels.

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