GDP shocker: How it may impact Indian stock market
India’s economic growth slowed in the September quarter, leading to concerns about stock market weakness. Market participants expect a recovery if the Reserve Bank of India cuts interest rates or reduces cash reserve ratios. Analysts have mixed views on the extent of further market corrections but anticipate limited near-term upside due to earnings and valuation issues.
India’s economic growth slowed in the September quarter, leading to concerns about stock market weakness. Market participants expect a recovery if the Reserve Bank of India cuts interest rates or reduces cash reserve ratios. Analysts have mixed views on the extent of further market corrections but anticipate limited near-term upside due to earnings and valuation issues. What's Your Reaction?
