Invesco: The long-term structural outlook for the Indian stock market remains positive

Invesco Asia-Pacific strategist Zhao Yaoting stated that despite a slight slowdown in the Indian economy and the Nifty 50 index being about 10% lower than last year's peak, the long-term structural outlook remains positive. The main obstacles in the short term are the slowdown in household consumption and stagnant wage growth. The government's tax cuts and interest rate reduction policies may boost consumption, and economic growth is expected to recover moderately. Despite the risks posed by Trump's tariff policies, India's reliance on exports to the United States is low, and there is a need to open more industries to attract foreign investment in the future. High-frequency indicators show signs of recovery, and corporate earnings exceeding expectations may drive the stock market rebound