Issue 4: India - Diwali Bonus

31 October 2024

This week we deep dive into India. 36-months on Trading Post maintains an overweight on Indian equities and bonds, and sees the recent stock market correction as a buy  on dip opportunity. Business cycle indicators are positive, signalling the economic upswing is gathering momentum. India is a multi-year structural growth story. Unlike China, structural impediments to growth have been eliminated. Reforms have permanently changed the way India does business and competes.