scorecardresearchStocks in India Set to Rebound After 3-Month Drop, History Says

Stocks in India Set to Rebound After 3-Month Drop, History Says

Updated: 05 Jul 2022, 08:04 AM IST
TL;DR.
Indian equities 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.
The Bombay Stock Exchange (BSE) in Mumbai, India, on Tuesday, May 17, 2022. State-run insurer Life Insurance Corporation of India plunged early in its Mumbai trading debut after a�record�initial public offering that priced at the top of the range and was oversubscribed nearly three times. Photographer: Samyukta Lakshmi/Bloomberg

The Bombay Stock Exchange (BSE) in Mumbai, India, on Tuesday, May 17, 2022. State-run insurer Life Insurance Corporation of India plunged early in its Mumbai trading debut after a�record�initial public offering that priced at the top of the range and was oversubscribed nearly three times. Photographer: Samyukta Lakshmi/Bloomberg