Decadal perspective: Stock market has more than doubled under the Modi govt

Challenges

A large part of the market surge after the pandemic was driven by an increase in earnings. Growth is now slowing down  

The valuation of Indian market indices has risen. The market is more vulnerable to a decline in the event of negative news

Takeaways

More room for private sector borrowing with lower borrowing by the Centre 

Negotiation of bilateral investment treaties with other countries may help bring more foreign direct investment into India

Market euphoria

First Published: Feb 01 2024 | 10:58 PM IST