Business · Markets · 2 hrs ago

Amundi Research Arm Sees Indian Stocks Rebounding After Iran War

Amundi’s research arm sees room for Indian shares to recover after a sharp selloff.

The decline has been driven by high oil prices and continued selling by foreign investors.

The outlook links a possible turning point for Indian equities to the end of the Iran war.

High oil prices have weighed on the market, while foreign outflows have added pressure.

The research arm expects conditions for a rebound to improve after the war ends.

It does not give a timeline or details about how large a recovery might be.

Sources

Bloomberg · 2 hrs ago