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India's slowdown over, but market volatility may continue: Goldman Sachs

The Business Guardian

|

March 27, 2025

The worst phase of India's economic slowdown and earnings decline is likely over according to the global financial firm Goldman Sachs.

- TBG NETWORK

India's slowdown over, but market volatility may continue: Goldman Sachs

However, it expects market volatility to continue in the near term because of high domestic investment in small- and mid-cap stocks and global uncertainties, particularly from tariffs.

"The worst is likely behind us in terms of economic growth and earnings trajectory, and prices have corrected meaningfully," it said.

In a recent report, the firm maintained a "Market Weight" stance on India within the emerging markets (EM) category. It advised investors to focus on stocks with strong earnings visibility and quality growth.

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