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Saturday, May 18, 2024

A heavy monsoon season is great news for these Indian stocks

A recovery in rural stocks is also positive news for India’s broader stock market, which has seen significant growth in recent years, primarily driven by investment-heavy firms reaping the benefits of increased government infrastructure spending. Additionally, abundant rainfall can help the central bank's efforts to control inflation by stabilizing food prices, thereby enhancing the prospects for India's economic growth and corporate earnings.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/XO8yVkL

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