India Stocks to Limp Back in Partial Recovery From Deepest Rout in Decades - Reuters Poll
India's benchmark stock indices are predicted to experience a slow and partial recovery this year following their worst consecutive monthly decline in nearly three decades, with the Nifty 50 index down about 14% from its high in late September 2024. Analysts express skepticism about a rapid rebound amid high inflation, stagnant incomes, and a significant foreign investor sell-off, while forecasts suggest modest gains by mid-2025. The overall sentiment remains cautious, as economic indicators show sluggish corporate earnings growth and ongoing pressures on household spending.
- This situation highlights the fragile nature of market confidence in India, as external factors and internal economic conditions converge to create uncertainty for investors.
- What strategies might investors adopt to navigate the complexities of the Indian stock market in a potentially prolonged recovery phase?