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Goldman Sachs expects the Nifty 50 index to move in range for the next three months with its three-month target at 24000 points, which would mean a return of nearly 3% from Thursday's close. The brokerage retained its marketweight rating for the Indian equities and expects the Nifty 50 to reach 27000 points in the next 12 months, translating to a return of 13%.
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