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Why stock markets in India may rebound in July

Times of India LogoTimes of India1 mo ago

Why stock markets in India may rebound in July

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Equity markets in India are poised to rebound from a three-month selloff triggered by rising interest rates and an exodus by foreign funds, if history is any guide.

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Nifty stocks are now trading at 19.5 times their earnings on trailing basis, the cheapest level since February 2016, which boosts the case for a recovery, he said.


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Article Details

Author / Journalist: Bloomberg

Category: Economy

Topics: Business news Sensex rebound Stock market rebound India equity markets Bse sensex Indian stock markets Nifty rebound

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-05, 00:58:15

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Reading Time: 1 minutes read

Article Length: 165 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 29473

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About Times of India

Times of India Logo

Main Topics: Economy

Official Website: timesofindia.indiatimes.com

Update Frequency: 22 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 2h ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #28

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