Udabur Stock：The Indian stock index has also begun to fall, will it rebound in the future？

OEXN reports: In the context of global weak economy, Indian banks, metal and other sectors have been sold sharply, leading to a sharp decline in the Indian stock market.The benchmark BSE SenseX index declines the largest single -day decline in more than 16 months.

Not only that, the CNX Nifty index of the Indian State Stock Exchange also plummeted by 2.09%to 21571.95 points, the largest single -day decline in the past two years.In addition to the market and blue chip stocks, both Indian medium and small stock indexes fell 1%.

OEXN的分析师表示：“印度市场的暴跌主要是由于HDFC银行的拖累，据该银行周二晚间发布的财报显示，上季度其核心净息差（NIM）同比出现回落，作为印度第四大，且Private banks with the largest market value have also affected the stock price of the Indian market. "

Citi Analysts said: "Although India has performed well and profitable is good, these positive factors reflect the valuation. The current stock price of small and medium -sized markets in the Indian market has been overestimated, so adjustments are inevitable."

However, the analyst of Goldman Sachs said: "However, if Modi is expected to win the re -election this year, it is expected that more overseas funds may pour into India. Although the valuation of Indian stocks is too high, the profit expected profit this year and next year will grow compounded each year.Based on the growth of profit, this problem is expected to be solved. "Udabur Stock

OEXN's analysts said: "During the US stock market holiday, in addition to the continuous new high in the Japanese stock market, the Indian stock market was also rising.Although the current record has fallen, many analysts are still optimistic about the Indian stock marketAgra Wealth Management. In their opinion, India has focused on improving domestic infrastructure investment in the past few years to attract foreign investment, especially high, especially highThe development of the technology industry to India may continue.