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Vikash Jain, India Strategist at CLSA, suggests that after a significant market correction, a short-term rally may occur despite uncertainties about whether it signals the start of a bull market or a bear market rally. He notes that the market has absorbed various negatives, including a weak earnings season and geopolitical tensions, but initial enthusiasm for China has waned. Jain anticipates that a rally could take shape before Donald Trump takes office in January.
Vikash Jain, head of research at CLSA, expresses a bullish outlook for India"s long-term growth despite concerns over ongoing market corrections through 2025. He anticipates a potential short-term rally of 5-7% in the coming weeks, highlighting India"s consistent earnings trajectory and favorable demographics as key advantages.
Vikash Jain
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05:39 20.11.2024
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