Friale Fund offloads Rs 210 Cr worth of Groww shares in block deal
Friale Fund IV LLC sold 1.13 crore Groww parent shares for roughly Rs 210 crore in a block deal, with Goldman Sachs Bank Europe SE buying the full stake at a 2.4% discount. The sale extends a wave of early investor exits following the expiry of Groww's post-listing lock-in period.
10d ago · 3 min · Markets
US Stock Market: Goldman Sachs raises S&P 500 target to 8,000 on AI-driven earnings optimism
Goldman Sachs has raised its S&P 500 price target for 2026 to 8,000, driven by strong corporate earnings and growing AI investment. The upgrade signals institutional confidence that AI spending will deliver real profit growth, supporting continued inflows into US equities.
1mo ago · 3 min · Markets
'Bending, not breaking': Goldman Sachs explains why the war in Iran hasn't derailed the global economy
Goldman Sachs says the conflict involving Iran has stressed but not broken the global economy, using the phrase "bending, not breaking" to reassure investors. The full analysis underpinning that view was not available in the source material.
1mo ago · 2 min · Global Affairs
Crude oil prices rise 2.5% on US-Iran peace talks uncertainty; Goldman Sachs raises Brent Q4 forecast to $90
Crude oil prices rose nearly 2.5% on Monday after US-Iran peace talks stalled and the Strait of Hormuz stayed shut, squeezing global supply. Goldman Sachs raised its Brent Q4 forecast to $90 per barrel, signalling tighter conditions ahead.
1mo ago · 2 min · Markets
Stock Market Hits Highs On Iran Hopes; Goldman Sachs, Netflix, Taiwan Semiconductor In Focus: Weekly Review
U.S. stocks hit new highs as Iran-related diplomatic optimism lifted sentiment, with Goldman Sachs, Netflix, and Taiwan Semiconductor earnings drawing focused investor attention. The rally reflected easing geopolitical pressure alongside key sector readouts in financials, streaming, and semiconductors. Market direction
2mo ago · 1 min · Markets
Citi Gets Triple Price Target Boosts From Goldman Sachs, Truist, and Wells Fargo: Is This the Bank Stock to Own Right Now?
Goldman Sachs, Truist, and Wells Fargo all raised their price targets on Citigroup simultaneously, a rare show of aligned conviction from major sell-side institutions. The move suggests growing buy-side confidence in Citi's ongoing restructuring under CEO Jane Fraser. Investors will watch return-on-equity progress and
2mo ago · 1 min · Markets
Goldman Sachs, Morgan Stanley buy Delhivery shares worth Rs 186 crore
Goldman Sachs and Morgan Stanley bought Delhivery shares worth Rs 186 crore in a block deal, alongside Edelweiss MF, Nippon India MF, and Viridian Asset Management. The transaction signals institutional demand for the logistics firm's stock and absorbs potential market overhang cleanly.
2mo ago · 1 min · Markets
Goldman Sachs files for its first bitcoin ETF product
Goldman Sachs has filed for its first bitcoin ETF product, signaling formal institutional commitment to regulated crypto fund distribution. The move positions Goldman to compete with BlackRock and Fidelity in a market opened by the SEC's January 2024 spot bitcoin ETF approvals. Key details including fee structure and f
2mo ago · 1 min · Markets
Goldman Sachs CEO David Solomon on Iran war, dealmaking uncertainty: 'Things rarely move in a straight line'
Goldman Sachs CEO David Solomon flagged dealmaking uncertainty driven by the Iran conflict, cautioning that recovery in M&A and capital markets activity will not follow a predictable path. His comments underscore ongoing caution at a firm whose revenues are closely tied to advisory and underwriting volumes.
2mo ago · 1 min · Markets