外资撤离173亿 印度股市在汇率阵痛中掘金新财年

Core Viewpoint - Indian investors are looking forward to a recovery in profit growth to identify new winners by 2026, following a year where the Indian stock market lagged behind most Asian peers [1] Group 1: Market Performance - The NSE Nifty 50 index only rose about 11% in 2025, marking the largest gap with the MSCI Asia-Pacific index since 1998 [1] - Analysts expect the underperformance to reverse in the new year due to lower consumption tax rates and interest rate cuts boosting corporate profits [1] Group 2: Profit Growth Expectations - ICICI Securities predicts that profits for Nifty index constituents will grow by approximately 16% in the next fiscal year starting April 1, nearly double the estimated growth rate for the current year [1] - Kunal Shah from Carnelian Asset Management anticipates better earnings performance in the next two quarters compared to previous periods [1] Group 3: Sector Insights - The focus is on sectors such as banking, automotive and parts manufacturing, as well as capital goods companies related to India's expanding power and infrastructure sectors [1] Group 4: Foreign Investment Concerns - The long-term weakness of the Indian rupee may deter foreign investors, with a record withdrawal of $17.3 billion from the Indian stock market this year [1] - The delay in the US-India trade agreement has contributed to the rupee being the worst-performing currency in Asia for 2025, eroding returns for overseas buyers [1]