Core Viewpoint - The Indian stock market is expected to perform strongly by 2026, driven by growth-promoting policies and reasonable valuations [1] Group 1: Economic Factors - Potential interest rate cuts by the Reserve Bank of India and declining inflation are likely to boost economic growth recovery in the coming quarters [1] - High market valuations had previously been a concern for foreign investors, but recent market underperformance has led to more reasonable valuation levels [1] Group 2: Market Dynamics - The premium of Indian market valuations relative to other emerging markets has returned to historical norms [1] - Large-cap stocks are currently seen as attractive, and these stocks are expected to benefit as foreign capital returns to the Indian market [1]
汇丰：政策与估值双轮驱动 印度股市2026年前景强劲
Jin Rong Jie·2026-01-13 06:58