New Delhi, Nov. 10 -- Global equities are expected to remain supported by corporate earnings growth, lighter investor positioning and lower valuations, despite weakening risk appetite and uncertainty over artificial intelligence (AI) investments and geopolitical developments, according to a report by Goldman Sachs.

The investment bank maintained its overweight stance on global equities over both three-month and 12-month periods, indicating that it expects markets to remain supported towards the end of the year despite near-term volatility.

Goldman Sachs said its Risk Appetite Indicator (RAI), which tracks investors' willingness to take risks across financial markets, declined to minus 0.6. Its sentiment and positioning indicator also dr...