Shares of Goldman Sachs Group touched a new peak at $961.86, taking the bank’s market capitalisation beyond $300 billion and signalling sustained momentum after a 57.07% rise over the last 12 months.
As biologics move onshore, Aragen keeps IPO route open.
Rather than expanding headcount, many firms are using technology to replace roles that were once handled by human workers. This shift is driven less by growth ambitions and more by a desire to permanently lower employee-related costs.
Entering 2026, gold and silver - 2025's star performers with ~80% and ~180% returns - face tempered expectations after parabolic gains. Nirmal Bang's Kunal Shah attributes the rally to de-globalization, multipolar world dynamics, eroding paper currency trust, soaring Western debt, stagnant production, growing deficits, and export controls by China/Russia. Central banks continue heavy buying (800-850 tons in 2025), supporting gold. He forecasts realistic 2026 upside: gold 10-15% (target $4,650-4,700/oz or ₹1.52-1.55 lakh/10g in India), silver 15-20% (₹2.60-2.65 lakh/kg). Bullish on copper as "new gold" (target ₹14,000-14,500/MT) due to supply constraints. Oil seen rising to $65-70/barrel. Strategy: Avoid FOMO; use dips (gold ~₹1.20-1.25 lakh, silver ~₹1.2-1.3 lakh/kg) to average via ETFs. Fundamentals remain positive despite possible corrections.
Goldman Sachs has made its strongest conviction call for 2026 - and gold is firmly at the top. The global investment bank sees gold rising to $4,900 per ounce by December 2026, driven by relentless central bank buying of nearly 70 tonnes every month. With Western debt surging and trust in fiat assets weakening, gold remains the preferred hedge for global reserves. While Goldman warns of oil oversupply with Brent averaging $56 a barrel, market experts differ, citing geopolitical risks and tightening long-term supply. Copper is expected to consolidate near $11,400 per tonne, while battery metals like lithium and nickel face pressure from Chinese supply. For investors who missed gold’s 2025 surge, the message is clear — the gold story may be far from over.
The copper market is expected to see a deficit of 124,000 tons this year and 150,000 tons next year, according to Reuters
Nifty recently rebounded after a 17% correction, with ICICI Direct highlighting a favourable risk-reward at the 24,700 level.
The Tata Group's multibagger stock ended on a flat note at Rs 4,045 in the previous session. Market cap of the firm stood at Rs 1.43 lakh crore.
India delivered its weakest relative performance in more than three decades in 2025, but firms including Morgan Stanley, Citigroup Inc. and Goldman Sachs Group Inc. are now projecting a recovery
Paytm trades at 52 times FY27E EV/Ebitda and 64 times EPS, at the mid-point of our India internet coverage. On a growth adjusted basis, Paytm trades at the lower end of Goldman's coverage.
Goldman Sachs reiterated its 'buy' rating on Emami, setting a price target of ₹825 per share and forecasting a 61% upside.





