Reported about 8 hours ago
Despite robust economic growth of 7.8% in Q2, India's equity markets face challenges, marked by declining corporate earnings and U.S. tariffs. Nominal growth dropped to 8.8%, with revenue growth for major companies hitting a seven-quarter low. Foreign investors have pulled out $15 billion this year, raising concerns about market valuations that some analysts deem too high given future earnings projections. However, strategies to reform tax policies and stimulate consumption could create new opportunities in the coming months.
Source: YAHOO