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As Indian equities look to extend their bull run in the new Hindu calendar year that began Thursday, analysts expect gains in stocks that will benefit from the economic recovery in Asia’s third-biggest economy as well as the ongoing regulatory crackdown on neighboring China.
The festival of Diwali, celebrated in India and many parts of Asia, is considered auspicious for purchases of everything from automobiles to apartments and even stocks. Indian brokerages, which traditionally release picks for the new year in this seasons, are bullish this time on mid-sized names that are focused on reopening of business and travel activity in
