Goldman Sachs sees Nifty climbing to 27,000 in 2025, upgrades IT to overweight

Goldman Sachs predicts a 15% recovery in Indian equity markets in 2025, with the Nifty 50 reaching 27,000. The brokerage has upgraded IT and pharma to overweight and market weight, respectively, citing improving demand, a weaker rupee, and defensive attributes. It expects these sectors to drive the market's recovery.