Goldman Sachs has a flattish target for next 3 months; sees 1-2 quarters of downgrade left: Sunil Koul

Goldman Sachs predicts a tough financial environment for India in the near future, with a slowdown in growth and earnings. However, they anticipate a turnaround in the latter half of the next calendar year, driven by stabilizing consumption, RBI rate cuts, and improved earnings visibility in sectors like auto, telecom, and financials.