INDIA’S stock market may face a tougher road ahead as global investors become increasingly reluctant to back a market that once stood out for its strong economic growth and long-term structural story.
With foreign money flowing towards artificial intelligence (AI) winners in South Korea and Taiwan instead, India’s equities could struggle to regain their previous appeal unless earnings improve, manufacturing and foreign direct investment (FDI) pick up, and concerns over oil and the rupee ease.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
