L&T shares: Today, there is a tremendous rise in the shares of Larsen & Toubro, a big company related to the infrastructure sector in the country. In fact, after global brokerage firm Goldman Sachs upgraded its rating to ‘Buy’ and increased the target price, L&T shares rose by about 3 percent on the last trading day of the week on December 12.

With this, the company’s shares rose to Rs 4,114 in early morning trading. This is the second consecutive session when L&T shares witnessed a rise. The share is currently near its 52-week high level of Rs 4,140. It achieved this level in November this year.

Why does brokerage trust the stock?

Earlier, Goldman had given ‘Hold’ rating to L&T shares, which was increased to ‘Buy’. Besides, its target price was also increased from Rs 3,730 per share to Rs 5,000 per share, which represents an increase of about 25 percent from its previous closing price of Rs 4,003.9 per share.

The brokerage expects the company to benefit from its growing presence and strength in segments like defence, green hydrogen and nuclear energy. Along with this, L&T’s estimated Total Addressable Market (TAM) of Rs 1.4 lakh crore for FY26 is also estimated to increase to Rs 3.4 lakh crore by the financial year 2035.

stock performance

Larsen & Toubro has gained about 13 percent in the last six months. The stock has gained 11% so far this year. At the same time, the shares of the company have increased by more than 5 percent in the last one year.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

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India Defense Sector: Global brokerage firm Goldman Sachs sees a lot of promise in India’s defense sector. According to one of its reports, India’s aerospace and defense market is going to grow rapidly.

In fact, all the proposals in this sector are getting government approval, due to which its Total Addressable Market (TAM) is getting stronger. Recently, on October 23, the Defense Acquisition Council (DAC) approved a proposal worth Rs 790 billion for the Navy, Army and Air Force. It is clear from this that the government is continuously focusing on strengthening the defense sector of the country.

India’s defense system is getting stronger

Actually, India is looking to strengthen its defense system in view of the tensions with its neighbors like China and Pakistan. In this sequence, DAC has given green signal to the proposal to purchase new missile systems, high-mobility vehicles and many other equipment. This deal is worth Rs 790 billion (about 9 billion dollars).

Along with this, defense proposals worth Rs 2.5 trillion have been approved so far this year, and more proposals are expected to be approved in the remaining six months. This is more than the proposals worth Rs 2.3 trillion in the last financial year. It is clear from this that India is spending more and more on its defense sector.

Goldman has hope from these shares

Meanwhile, Goldman has given ‘buy’ rating to shares of PTC Industries and Solar Industries and also increased their target prices to Rs 24,725 (46 per cent higher) and Rs 18,215 (30 per cent higher) respectively. Apart from these, it also maintained its ‘buy’ rating on Bharat Electronics (BEL), Astra Microwave, Data Patterns and Azad Engineering. However, it adopted a ‘neutral’ stance on Hindustan Aeronautics (HAL) and also reduced the target price on Bharat Dynamics (BDL) by 11% to Rs 1,375 and gave a ‘sell’ rating.

Since BEL is a major supplier to the defense sector in India, Goldman expects it to earn a profit of Rs 120-150 billion from the next electronics and integration contract. Similarly, given the increasing investment in electronic warfare and radar systems, the income of Data Patterns and Astra Microwave is also expected to increase.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

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Gold Price Forecast: Gold prices are continuously increasing. The situation is that even before Diwali, the gold price has crossed Rs. 1.25 lakh. The price of gold has increased by Rs 6000 in just three days. Here, people are sitting waiting for the price of gold to fall. Customers’ hopes of gold becoming cheaper will once again be dashed when they come to know about a report.

Goldman Sachs increased the target price

According to a research note published on Monday, brokerage firm Goldman Sachs has predicted further increase in the price of gold by December 2026. The brokerage says that in the coming time, gold will increase from $ 4,300 to $ 4,900 per ounce. The reason for this rise in the price of gold is being attributed to the increase in investment in gold-backed ETFs in western countries and the continuous purchase of gold by central banks.

Can gold prices increase?

Goldman says, given our upgraded forecast for the price of gold, the risk is still high on the upside. That is, the brokerage says that since the gold market is still not very big, the amount of gold trading and investment is limited. Most of the big investors or governments invest money in this, but if among them now private sector companies, funds, and individual investors also start investing in gold, then there will be a sharp increase in the demand for gold. Goldman Sachs also expects the Federal Reserve to cut interest rates by 100 basis points by the second quarter of 2026, which will further increase demand for ETF holdings in Western countries.

These are also the reasons for the rise in prices

Goldman estimates that during this period, central banks will continue to increase the share of gold in their foreign reserves. Due to this, the central bank can purchase about 80 metric tons of gold in the year 2025 and about 70 metric tons in 2026. Spot gold has surged 52 percent so far this year amid strong buying by central banks, increasing demand for gold-based ETFs, weak dollar and increasing interest of retail investors to hedge against trade and geopolitical tensions.

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Stock market outlook: David Solomon, CEO of Goldman Sachs, has warned of a decline in the stock market in the coming months. According to the CNBC report, Solomon says that due to the increasing impact of Artificial Intelligence (AI), investors may suffer losses due to the decline in the stock market in the coming time.

Investors will suffer loss

Due to AI, the stock market reached a record high level in recent times, but in the next one or two years some investors will suffer. However, some will also be in profit. Speaking at the Italian Tech Week in Turin, Italy on 3 October, Solomon, while referring to the dotcom bubble of the early 2000s, gives a chance to look and understand the boom in the AI ​​market.

There will be a decline in equity market

He said, “Markets go in cycles. Whenever a new technology comes out, a large amount of capital is created. Many new companies have emerged around this. This leads to the market far more than its capacity- both of them will win and losers. ”

He further said that the rapid growing use of the Internet in the late 1990s and early 2000s revealed many companies in the technology field, but it also produced’.com Babal ‘. Solomon said, “I will not be surprised if you get to see something similar this time. In the next 12 to 24 months we will see a decline in the equity market.

Reset will be market

Solomon further said that he abstains from calling AI Boom a ‘bubble’, but he warned the investors, “I will not use the word bubble because I don’t know what will happen next, but I know that people are ready to take risks because they are excited and when investors are excited, they think about the good things that they can do and they give less.

He said that the market will be reset and there will be a decline. However, for how long this period of decline will last, it will depend on how long this bull run lasts. Overall, the good thing is that technology is moving forward, new companies are being formed. The use of this technique in the enterprise can be very powerful, so it is an exciting time.

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Rishi sunak joins goldman: Former British Prime Minister Rishi Sunak has once again joined the famous US investment bank Goldman Sachs Group Inc. He has been appointed senior advisor in the company. This information was given by David Solomon, CEO of Goldman Sachs, in a statement on Tuesday.

David Solomon said that Rishi Sunak will now advise customers globally along with the senior management of the company. Especially they will share their experience and attitude on economic and geopolitical issues. Please tell that Sunak was the Prime Minister of Britain from October 2022 to July 2024.

Rishi Sunak took steps in politics in 2015

Rishi Sunak entered politics in 2015 as a Member of Parliament. Before becoming Prime Minister, he was the Finance Minister of Britain (Chancellor of Exchequer) from February 2020 to July 2022. Earlier, she took over important responsibilities in the housing, local government and the Ministry of Finance. He has also worked in New York -based Goldman Sachs before joining politics.

How much can salary be?

The annual salary of senior advisor in Goldman Sachs usually ranges between $ 1,36,000 to $ 2,20,000. Its average is about $ 1,70,000 i.e. about Rs 1.7 crore per year. However, the salary of a high-profile personality like sage Sunak has not been disclosed yet.

Hearing is still MP

Rishi Sunak may have suffered a historic defeat of the Conservative Party in the general election held last year, but he is still an MP from Richmond and Northeelerton constituency in Northern England. During the election campaign, he clearly stated that he would continue to be MPs for the entire period of the next Parliament regardless of the results of the vote. His successor and current Prime Minister Labor Party’s Keer Starmer can declare the next general election by mid -2029.

Even before Goldman has done work in Sachs

Rishi Sunak has an old relationship with Goldman Sachs. In 2000, he started work in investment banking in the form of a summer trainee in the company. After this, from 2001 to 2004, he continued to work as analyst (analyst) there. He later co-established an international investment firm, which continued to work with companies around the world in strategic and financial investment.

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Brokerage house Goldman Sachs has released its new report regarding the Indian pharma sector. In this report, he has identified 5 such pharma companies in which a good rise can be seen in the next one year.

These companies are not only benefiting from the global shift of healthcare manufacturing, but are also focusing on innovation, specialization and long term partnerships. Let’s know what are those companies and why Goldman Sachs has faith in them.

Mukesh Ambani’s son -in -law’s company Piramal Pharma

The top of the list of Goldman Sachs is Piramal Pharma, which is given ‘BUY’ rating and target price is Rs 265. That is, it is estimated to increase by about 36 percent.

The biggest reason for this trust is the company’s CDMO (Contract Development and Manufacturing Organization) Business. Even though FY26 showed some slideowns due to inventory destroying, but in FY27, this business can gain rapidly, especially when multi-air supply orders will start to be finalized.

The company has recently added two new manufacturing suits on its granjmouth site and plans for further expansion. Their goal is to double the CDMO revenue by FY30.

Orobindo pharma

Aurobindo Pharma has also received a ‘Buy’ rating and has a target price of Rs 1275, which shows about 16 percent of the upside. Goldman Sachs believes that the cost efficiency in India’s biologics and biosimilers keeps it far beyond China and Korea. According to the report, India’s cost is about 60 percent lower.

The Aroobindo’s subsidiary Curateq’s biologics unit Theraranym is doing exclusive work with MSD by 2030-2032. The report says that the company can supply 30-40 million viils to Phase-1.

Sainigan International

Syngene International has also been given a ‘BUY’ rating and its target has been kept at Rs 800, that is, it has seen up to 27 percent. After little difficulties in H2Fy24 and H1Fy25, the company has started getting interrogation from large pharma companies again in H2FY25. Also, due to the removal of manufacturing from China, the company is also getting several pilot projects due to the moving pharma clients towards India, some of which have been converted into long term contracts. Its discovery services in FY26 are expected to grow again double digit growth.

Newland labs

Neuland Labs has been rated by Goldman Sachs with a target of Rs 14,775. That is, there is a possibility of a 21 percent rise in the next 12 months. The biggest strength of the company is its strong quality culture, system, infrastructure and process development capability. While the rest of the pharma companies are going into animal health or agro-chemical, Newland has focused only on human pharmaceuticals. The valuation of the stock has been done on the SOTP (SUM-OF-The-Parts) basis, with 85 % of the contribution of earning multiples and 15 % of M & A value.

Kohane Lifestyle

Goldman Sachs has also expressed confidence in cohance lifeciences and its target price has been fixed at Rs 1275, ie a possible rise of up to 29 percent. The company has got a good lead in the last few years, especially due to the strategy of bringing manufacturing (China+1), especially from China to another place. The report said that the number of RFQs (Request for Quotations) received by the company has almost doubled. According to Goldman’s report, “Every pharma innovator is now working on ‘China +1’ Strategy, whether he has told it publicly or not.”

Expectation seen in pharma companies

It is clear from this report of Goldman Sachs that Indian pharma companies are no longer limited to general medicines, but now they are also moving fast on the path of innovation, biologics and international partnerships. If you are looking for investment opportunities in the pharma sector, then these five stocks must be in your watellist.

Disclaimer: (Information provided here is being given only for information. It is necessary to tell here that the investment market is subject to risks. Always consult expert before investing as an investor. Never is advised to invest money from Abplive.com.

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Goldman Sachs between Israel-Iran War says that if the oil supply from Hormuz Strait is half for a month and then remains 10 per cent less by the next 11 months, then the price of Brent crude can temporarily reach $ 110 per barrel. In such a situation, the average oil price in the fourth quarter of 2025 can be $ 95 per barrel.

What is going on in the oil market right now?

Recently, oil prices have become unstable by the US after the Aermarkation on Iran. The price of Brent crude reached a height of 5 months on Monday to $ 78, but later came to $ 75.4. WTI crude was also seen around $ 74. Due to the increasing tension between Iran and America, global concern about Hormuz Strait is depth, because this path is necessary for 27 percent of the world’s oil and 20 percent LNG supply.

What will be the effect on India?

Talking to Business Standard, Chief Economist Madan Sabnavis of Bank of Baroda said that if the price of oil increases by 10 per cent for some time, the economy will not be affected, but if it persists for a long time above $ 100, it can have a serious impact on inflation, consumption and GDP. He said that at the beginning of the year, the government had estimated the crude oil on $ 80 per barrel basis, so the prices of more than that can prove to be red flag.

Can hormuz really shut down?

The Iran’s Parliament has recently passed a resolution that has been approved to close the hormuz straight in an emergency, although the final decision is with Iran’s Supreme National Security Council. According to Goldman Sachs, the possibility of closing Hormuz in 2025 is believed to be up to 52 percent. Many ships have already started changing their route.

What can happen next?

Experts believe that OPEC+ countries have additional production of 6 million barrels per day, so they can control prices. In addition, shell oil production in the US may also increase if prices remained above $ 70.

How is Iran’s oil status?

In March 2025, Iran’s oil exports reached 1.7 to 1.8 million barrels per day. Iran’s main customer is China, who buys 80-90 percent of Iran’s oil exports. According to Bloomberg’s report, since June 13, Iran has rapidly assembled the oil on the island of Kharg, which is its major export terminal.

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Hdfc bank: The difference between the market cap of private sector bank HDFC and American Investment Bank Goldman Sachs in India is steadily decreasing. Where the market capital of HDFC Bank Limited has reached Rs 14.69 lakh crore ($ 17628 million). At the same time, the market capital of Goldman Sachs is Rs 14.93 lakh crore ($ 17916 million).

Amazing boom in bank shares

HDFC Bank’s market cap has jumped from its 52-week low of Rs 1,426.80 in April 2024 to almost equal and now its share price is close to Rs 2000. According to a report by IIFL Finance Limited, HDFC Bank shares have increased amazing, which is about 34 percent above its 52 -week low, which has a strong quarter result, strategic balance sheet management and positive market sentiment.

These are also due to boom in shares

According to another report by Nuwama Wealth and Investment Limited, another reason for the bank’s stock accelerated with Housing Development Finance Corporation (HDFC Limited) after merger in 2023, the bank focused on reducing the deployment related challenges. This also led to a bounce in the bank shares. The bank’s loan portfolio has also increased considerably due to this merger. However, compared to this, the deposit base is very low, due to which in March 2024, the loan-to-deploy ratio (LDR) remained 104 percent. After this, the bank again focused on raising deposits, which has reduced the LDR to 96.5 percent by March 2025.

LDR level will be less

The bank’s CFO Srinivasan Vaidyanathan has said that the management of the bank hopes that by FY 27, LDR Housing Development Finance Corporation will return to 85-90 % of the first level of merger from Finance Corporation.

According to Nuwama’s report, the bank has taken good advantage of improvement in systematic liquidity and cut in repo rate. This will help to keep the net interest margin stable, which is expected to reach 3.5-3.6 percent by FY 27 as high-cost borrowings are ending and the loan mix is ​​shifting to high yield retail assets. Nuwama has estimated the compound rate (CAGR) of 15 percent of the bank’s deposit growth between financial year 25 and FY 27.

On the other hand, unlike HDFC Bank, Goldman Sachs is traditionally not dependent on deposits or loans. Due to this, direct comparison cannot be made between the two. Nevertheless, the less difference between the market capital of both shows that HDFC Bank has the ability to give a tough competition to many big financial institutions in the world. Apart from this, in addition, Goldman Sachs has recently given a ‘BUY’ rating to HDFC Bank shares.

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Gold prices: Gold prices can reach $ 4,500 an ounce by the end of 2025 amidst the upheaval in the global market. Foreign Investment Bank Goldman Sachs says that gold prices may rise amidst the possibility of increasing trade war and recession of American-China.

According to the report, Goldman Sachs has increased the gold target price to $ 3,700 an ounce by the end of 2025, which is the third increase of this year. Earlier in March, gold target price was increased to $ 3,300 an ounce. The target price shows how far the price of gold can go in the market in the coming time. According to the Investment Bank, there is a situation of concern about the US economy due to the trade war. Gold demand may increase as a safe investment from fear of recession.

Increasing price between the upheaval in the global market

Last week, gold prices crossed the level of $ 3,200 an ounce for the first time and reached a record high level of $ 3,245.69 an ounce. The reason behind this is the upheaval in the global market. Its strong demand was observed in both physical procurement (physically purchase of gold coins, bar or jewelery) and exchange-traded funds (ETF). Goldman Sachs says that people are preparing to protect their rescue through gold against the rising risk of recession in the US.

Trade war broke out between America and China

Let us know that the demand for gold and the rise in prices is being seen between the growing trade war between the US and China. On one hand, the US has increased the tariff on sugar imports to 145 percent. At the same time, on the other hand, China also retaliated on this, increasing the tariff on American goods to 125 percent.

How much is the price of gold today?

The price of gold declined on Monday as US President Donald Trump has reduced the trade war to some extent by removing the tariff from smartphones, computers and other electronics products. Most of these products are imported from China.

The spot gold fell 0.4 percent to $ 3,223.67 an ounce. According to the Reuters report, in the last season, Bullion touched a record high level of $ 3,245.28. US gold futures have fallen 0.1 percent to $ 3,240.90.

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