Investors are expecting Indian stocks to post another quarter of losses as a slowdown in economic growth and sticky inflation hurt corporate earnings and foreign flows.
“Indian markets are navigating a bout of uncertainty,” said Mohit Khanna, a fund manager with Purnartha Investment Advisers Pvt., which manages more than $250 million of assets. “The pessimism can be attributed to multiple domestic and global developments that took place in 2024 and will impact local shares over a short term.”
While some of the survey respondents see negative returns for the benchmark on a full year basis, one-third of them expect the Nifty 50 gauge to rise 10 percent to 15 percent in 2025. This is mainly seen on the back of continued flows from domestic investors.
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