Has the decline in the Indian stock market reached the bottom?
The Indian stock market has seen a sharp decline, but this decline remains less depth compared to previous periods. Over the course of the previous corrections, stock evaluations have fallen on average by about 30%, while the current decline is no more than 21%, is it time to invest in the Indian market, or have to wait a new bottom, especially now with the escape of money? This question was the focus of a discussion in the “Asian report” episode on the “East” channel for this week. Raja Agarawal, the Stock Strategy for the Asia region in “Societe General”, saw in an interview with “Al -Sharq” that it is difficult to predict when the bottom happens, but for the evaluations there were two dangers that were the Indian stock markets first and secondly under pressure. He added: “The topic of the judgments was addressed as the evaluations dropped to 20 as a profitable repetition for the next 12 months, and we were before an approach to Asian moderate rates. But in return, he pointed out the problems of predicting the interest in the short term, because the growth rates did not reduce its expectations in April To reduce the target of the interest in the last quarter of 2025. “Reducing interest will also be put under pressure on the profits of the bank, and credit analyst Rina Cook of Bloomberg has seen in an interview with” Al Sharq “that the effect of this reduction on the Indian financial sector would be uneven. Cook added that” the low interest rates of high risk lenders could comfort the Indian banking sector. “