Rebound seen in Indian markets after tough year


People walk outside the National Stock Exchange (NSE) in Mumbai, India, October 22, 2024. REUTERS/Francis Mascarenhas

NEW DELHI: After one of India’s worst years of market underperformance in decades, some of Wall Street’s biggest names are calling for a rebound.

Morgan Stanley, Citigroup Inc and Goldman Sachs Group Inc are among those who expect the country’s markets to claw back lost ground next year as earnings stabilise and policy support kicks in.

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