CNBC's Inside India newsletter: Peaked, paused, and poised? India’s market reboot at half-time
Publishing timestamp: 2025-07-03 08:05:20
Summary
The MSCI India Index has underperformed compared to its Asian market peers, raising concerns about India's ability to compete. Experts believe India is a long-term play, but caution that valuations are elevated. Investors are advised to be selective when picking Indian equities, focusing on companies with strong balance sheets and recurring revenues. Despite short-term challenges, Indian tech companies are seen as offering strong growth potential. Talks of a trade deal between the U.S. and India are ongoing, with potential implications for the Indian economy.
Sentiment: MIXED
Tickers: .NSEI, ZOMATO-IN, NAUKRI-IN, IXIGO-IN,
Keywords: cnx nifty index, india, le travenues technology ltd, economic events, zomato ltd, business news, world economy,