印度股票策略：市场与宏观经济的分歧-India Equity Strategy Playbook-The Rift Between the Market and the Macro

The Rift Between the Market and the Macro The Indian equity market has digested a lot of good news…: Earnings growth is already turning after a six-quarter mid-cycle slowdown and is likely to accelerate further into 2026, driven by reflationary policies of the RBI and the government via rate cuts, bank deregulation and liquidity infusion, continuing capex, tax cuts and relatively stimulating budget. Thus, India's hawkish macro set up post-Covid has unwound. The trade deals and thawing of relations with Chin ...