Goldman Sachs The Markets
Is India still attractive for investors?
Jun 7, 2024
Hiren Dasani discusses the impact of India's recent election on investors, highlighting the country's long-term growth potential. The podcast also explores India's stability, growth prospects, manufacturing focus, and sector analysis in emerging markets like China and Korea.
10:00
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Quick takeaways
- Indian markets experienced volatility post-election; stable government reassures investors.
- India's long-term growth story remains strong driven by demographics, rising consumption, and stable policies.
Deep dives
Indian Market Volatility Due to Election Results
The Indian markets witnessed significant volatility following the recent elections. Expectations for Prime Minister Modi's party to secure a clear majority were not entirely met, leading to market surprises and fluctuations. Although Modi's party retained a substantial number of seats, coalition support was required for a majority. Initially, market reactions were negative due to the unexpected election outcomes, but confidence grew as stability in government leadership was assured.
