Analysts are most bullish on India's equity markets in 12 years.
Nearly 69 percent of the analysts tracking all the stocks on the Nifty 500 Index have a ‘Buy' rating—the highest since 2006, when it had breached the 70-percent mark, according to Bloomberg data. Since then, the number hovered between 47 percent and 64 percent.
There are many opportunities in Indian equities even after the S&P BSE Sensex's 11 percent rise this year, as it is one of the few markets where cyclical growth is rising, Goldman Sachs said in a report.
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