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Rohan Saha

Stealth • 1d

The Indian stock market has declined rapidly, but the market's PE ratio hasn't dropped as quickly. The reason behind this is the earnings not being as good. There is still some downside risk in the market. If an FTA (Free Trade Agreement) happens between India and the USA, we might see a good rally in the market. However, without good earnings, the market won't sustain its gains in the long run.

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