 "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
Market euphoria
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