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Data shows that India's economy has experienced sharp growth in manufacturing, mining and services, reports The New York Times Tuesday. India's growth rate in April, May and June was 8.8%, its fastest rate of growth in over two years. India's economy grew 8.6% in the quarter that ended in March. Goldman Sachs Group, Inc. (NYSE:GS) analyst Tushar Poddar told the Times, "This was the quarter in which you would have seen the fastest year-on-year number for this year, I don't think the 9 percent is coming anytime soon." SmarTrend alerted subscribers to take profits in Goldman Sachs Group on August 24, 2010 at $144.65, since then the stock fell 5.5%. We are now watching for any positive developments that could result in a new uptrend signal.
